Plan for financial management by reviewing the financial data in this P&L.You will need to analyse areas
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Question:
Plan for financial management by reviewing the financial data in this P&L.You will need to analyse areas of profit and loss using the information provided.
1.The money taken by the business is variable across the three years.List 10 points to explain why you think there are variations in each of the different year's data.For each point provide your reasons, or thoughts, referencing the relevant data sets in your answer.
2.Using the information provided to you, and your analysis undertaken to answer the previous question, prepare, implement and revise a budget for 2021 which aligns with the business plan (30:25:30:15).
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