The table below is a hypothetical presentation of Wimbley & Wimbley Associates Ltd

2023 Financial Statement. Management in the prior year observed growing concern

around a number sustainability issues requiring strategic attention. As a result,

management instituted a number strategic policy initiatives and directed specific key

actions to drive consistent and achievable improvements year-on-year. Highlights of

the policy initiatives were around the areas of waste management and disposal, fuel

usage for their fleet of operational vehicles, and staff use allocations, stationery use in

terms of A4 paper consumption, printer fleet across the business functions, and the

volume of annual use of other stationery related accessories/utilities such as arch files,

Required:

a) demonstrate by showing working, the financial implications of a sustainability and EMS initiative that delivers a 10% reduction in the annual spend for the expense items marked A, B, C, D & E from the table in the image im about to send

Hypothetical Financial impact of a 10% reduction in org./functional Cost attributed to a prior year Sustainability Initiative Implemented in the area of Waste Management, Fuel use, Stationery use. Transaction Details Sales Cost of Goods Sold Gross Margin Symbol S 2023 (GHC Impact of 10% reduction in '000 each of FUC, WM&D and SUC 150,000.00 150,000.00 CGS 80,000.00 80,000.00 GM-S-CGS 70,000.00 70,000.00 Fuel Usage Cost FUC 6,000.00 A Warehousing W 1,500.00 1,350.00 Waste Management & Disposal-ammal tommage a circa 20,000 WM&D 3,000.00 B Stationery Usage Cost-paper, printers use SUC 2,000.00 printing accessories C Other Operating Cost OOC 30,000.00 30,000.00 Total Operating Cost TOC 42,500.00 41,250.00 Earnings Before Interest and Taxes EBIT-GM-TOC 27,500.00 D Interest INT 12.000.00 12,000.00 Taxes TX 7,000.00 7.000.00 NI-EBIT Net Income 8,500.00 E (INT+TX)