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This assessment will require you to review the Bounce Fitness Operating Statement of Aug & Sept XXXXXXXXXXmonths comparison in one spreadsheet). Download the Operating Statement here:...

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This assessment will require you to review the Bounce Fitness Operating Statement of Aug & Sept XXXXXXXXXXmonths comparison in one spreadsheet).

Download the Operating Statement here:

Operating-statement-AUG & SEPT 2021

You are to perform a financial analysis basedon the information provided in the Operating Statement of Aug & Sep 2021 and answer the questions provided in the following template:

BSBFIN501 Task 4 Financial Analysis Report Template

· Completed Financial Analysis Report Template

Answered 2 days After Jun 06, 2022

Solution

Sushil Narasagonda answered on Jun 08 2022
95 Votes
FINANCIAL ANALYSIS REPORT – BSBFIN501 – Task 4
    BSBFIN501 Task 4 FINANCIAL ANALYIS
Using the supplied report called ‘Operating Statement AUG & SEPT 2021’ - analyse the figures and answer the following questions IN DETAIL.
    Questions
    Operating Statement AUG & SEPT 2021
    1) Perform an overall analysis of the 2 months.
What areas of INCOME clearly altered over that time period?
    Though the overall revenue is same for both months, however there is drastic change in revenue mix from various services. Revenue from 10 Session cards is doubled in Sep 2021 as compared to Aug 2021. Revenue from PT session is also increased by 40%. However the major change is in revenue from Promotion 12W Fitness challenge where revenue is zero in the month of Sep 2021. Gross profit ratio is 92% in Sep 2021, decreased by 8%. There is slight improvement...
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