Assignment Activity 4

Much of the work of monitoring nances within a budget is looking for trends and gures that are out of the ordinary in the actual results of the business. Trends in past results give you indications of possible future results in the business. These trends are often not instantaneously visible when you look at the results; relating gures to each other and expressing those gures as a percentage of each other may uncover a hidden trend in the income or expenses of a business. Take a close look at the actual gures for 2018/19 from Joes Cafe; calculate some percentages and look deep into the gures for trends and numbers that don't seem quite right and warrant further investigation.