Review the income statement provided in Table 7.2 and address the following questions:

a. From your analysis, you understand that the net margin for the organization has shown strong growth over the past year. What factor/s is/are driving this improved performance?

b. What concerns do you have regarding current financial performance of this organization?

As an executive leader within this organization, what priority issues should this organization address?

c. Is your impression of the reported financial performance generally favorable or unfavorable?

Why?

AppendixLO1