Business analysis of a 6 month income statement
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Attached is an Excel file containing a 6 month income statement for a branch. Please review and summarize your findings in a discussion paper that touches on the following points:
• Summarize your findings from this data.
• What trends are you able to identify from this data?
• What advice would you provide the branch manager on how to optimize their operations?
• What additional data points might be needed to further your analysis?
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Solution Summary
This posting gives you a step-by-step explanation of how a six month income statement should be analyzed. The response also contains the sources used.
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My findings from this data are that the branch has made a loss in five out of six months. The total direct expenses are so high that in three months out of six they exceed the total product income. I also find that items such as depreciation of furniture & equipment, equipment & Software maintenance, equipment & software rental, office occupancy expenses, other losses, other office operating expenses, and several similar items listed as direct ...
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