Garden Variety

Profit and Loss Statement

For the month of December 2021

Garden Variety

Balance Sheet as at 31 December 2021

Activity: Measuring financial position and performance

• Explain why you've used them
• Describe what they represent to your assigned metric
• Explain how the value of the ratio for Garden Variety supports your analysis
• Explain any limitations of financial ratio analysis and how they apply to your analysis

Format

The metric I was assigned is:

Profitability

My analysis of Garden Variety against this metric:

Explain why you've used them

We can use this metric to see how much profit did the company made and to compared with other company's profit to see if our profit is better or not.

Describe what they represent to your assigned metric

Explain how the value of the ratio for Garden Variety supports your analysis