Question: Module 2 Group Assignment As a group, you will find a budget for a company of your interest (any company), and you will evaluate the
Module 2 Group Assignment As a group, you will find a budget for a company of your interest (any company), and you will evaluate the budget using both the static and the flexible budget approach. You will prepare a report, containing a title page, an introduction to discuss the company you are analyzing, the budget table used, referencing where you got the table, and you will present the calculation to show your analysis to the budget. Based on your calculated tables, you will have to fully discuss what is happening in both cases (static and flexible), and which case you think is more suitable to use in your case. After you discuss the budget analyzed, you will have to prepare a new budget for the following year considering that you want a positive result the next year. You will describe how you got to each value and explain any change in activities that you consider. If your company already has a profit, you will want the profits to increase by 5%, if the company has losses, then you will prepare a budget to either have a positive profit or no loss but no profits. A small example of the budget
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
