Financial Management & Planning Help (1 Viewer)

[hyperbole]

Hey,

How to we write financial reports? Is the layout similar to that of a business report, but rather than commenting on all the business functions, we comment only of financial planning and management?

Also, what are the advanatages and disadvantages of a cash-only business? I need at least three advantages and disadvantages, but I can only think of about one for each.

All help will be greatly appreciated!

Good Luck in your upcoming Business Studies Exams and Assessments!

Thanks!

hyperbole

 

[hyperbole]

Thanks heaps!

Also, where could I find the industry averages? I'm writing a financial report for ColesMyer and I browsed their site, but haven't found anything

Yeah, I can't find the advantages and disadvantages in my textbooks either, despite the question being asked in one of its exercises.

 

[Mandy101]

They will give you industry averages in an exam. You cannot comment on them otherwise. If there are no industry averages, you could say something along the lines of "the financial viability of the business cannot be deduced due to the absence of industry averages which are used to ascertain the success of the biz's financial position"