6-2 Short Paper: Financial Analysis

Obtain the published accounts or financial statements of a sport facility business. It could be a stadium, arena, municipal swimming pool, or a local community club. Provide a summary of the financial information presented in these documents. Then, based on your understanding of accounting and finance, use these financial statements to explain the present financial situation of this facility and project the trend of financial success or failure you believe the sport facility has in the next five years. Defend your answers.