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Assignment 5: Profit and Loss Analysis Due Friday by 11:59pm Points 100 Submitting an external tool Available Jul 25 at 11pm - Jul 30 at 11:59pm 5 days Return to Week Find a profit and loss statement on the web. Then, in a 2-3 page paper, evaluate the financial condition of the organization. Identify and describe three financial opportunities for improvement and where in the P&L you have identified them. Cite all sources in a works cited reference page. Next Profit & Loss Template Business Name Business Address Suburb Template from www.Business Templates.biz Profit & Loss Statement for the period 1 January 2009 to 31 December 2009 Income Sales Services Other Income $120,200.00 $55,000.00 $2.520.00 Total Income $177,720.00 -Top Line Expenses Accounting Advertising Assets - Small Bank Charges Depreciation Electricity Hire of Equipment Insurance Interest Motor Vehicle Office Supplies Postage & Printing Rent Repairs & Maintenance Stationery Subscriptions Telephone Training Seminars Wages & Oncosts $2,500.00 $7,500.00 $100.00 S962.40 $2.385.00 $2.994.90 $4,200.00 $1,221.00 $2.401.68 $1.203.50 S962.11 $725.00 $15.610.00 $1,082.00 5660.00 $3,690.00 $2.165.00 $2.200.00 $65,000.00 Total Expenses $117.562.57 Bottom Line Profit / (Loss) $60,157.43 Click here for a free copy of this P&L statement template Assignment 5: Profit and Loss Analysis Due Friday by 11:59pm Points 100 Submitting an external tool Available Jul 25 at 11pm - Jul 30 at 11:59pm 5 days Return to Week Find a profit and loss statement on the web. Then, in a 2-3 page paper, evaluate the financial condition of the organization. Identify and describe three financial opportunities for improvement and where in the P&L you have identified them. Cite all sources in a works cited reference page. Next Profit & Loss Template Business Name Business Address Suburb Template from www.Business Templates.biz Profit & Loss Statement for the period 1 January 2009 to 31 December 2009 Income Sales Services Other Income $120,200.00 $55,000.00 $2.520.00 Total Income $177,720.00 -Top Line Expenses Accounting Advertising Assets - Small Bank Charges Depreciation Electricity Hire of Equipment Insurance Interest Motor Vehicle Office Supplies Postage & Printing Rent Repairs & Maintenance Stationery Subscriptions Telephone Training Seminars Wages & Oncosts $2,500.00 $7,500.00 $100.00 S962.40 $2.385.00 $2.994.90 $4,200.00 $1,221.00 $2.401.68 $1.203.50 S962.11 $725.00 $15.610.00 $1,082.00 5660.00 $3,690.00 $2.165.00 $2.200.00 $65,000.00 Total Expenses $117.562.57 Bottom Line Profit / (Loss) $60,157.43 Click here for a free copy of this P&L statement template