Question
For the case study the learner will complete the following assessment. Total Assessment 3Lengthshould be500 -700words.Answers must be typed You mustaccurately reference all ofyourexternal sourcesof
For the case study the learner will complete the following assessment.
Total Assessment 3Lengthshould be500 -700words.Answers must be typed
You mustaccurately reference all ofyourexternal sourcesof information
The case study is a stand-alone activity that is assessed separately to the activities that form the evidence portfolio. The case study will allow the learner to display required knowledge and skills that are essential when contextualising overall competency.
Case Study
Cashflowanalysis- Report
This report analyses the income and expenditure oftheThairestaurantThaiNumber One ,over a2month period.This monitors income and expenditures to ensure funds are available. GST is included in the receipts and expenses in a cash flow receipt.
February
March
Receipts (Sales )
243,038
341,976
Payments
Salaries
30,335
34,899
Rent
20,103
24,786
Telephone
5,490
10,004
Bank charges
302
412
Purchases
115,100
17,996
Advertising
8,032
9,191
GST paid
8,419
10,732
187,781
108,020
Monthly cash flow
55,257
233,958
Add balance brought forward
42,968
98,225
Balance at end of month
98,225
332,181
Answer the following questions
1Analyse the cash flow in the previous example.
2Work out what percentage of sales the expenses are foreach month
3What percentage of expenses are the salaries, purchases, and rent for each month ?
4Explain how budgets are used to allocate resources for a business
5Explainfourbenefits ofbudgeting for the ThaiNumber one Restaurant
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