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This section should center on your analysis of the financial performance of the company based on the statements you prepared. Discuss key points on your
This section should center on your analysis of the financial performance of the company based on the statements you prepared. Discuss key points on your observations of results: Is the company operating profitably (what percent of revenues result in profitet income)? How well poised are they to meet liabilities (discuss liquidity and current ratio)?
Trial Balance As of 03/31/20XX A Company Income Statement For Month ending 3/31/20XX Revenues \begin{tabular}{|l|lr|} \hline Service & $ & 6,225.00 \\ \hline Accounts receivable & $ & - \\ \hline Total Revenues & $ & 6,225.00 \\ \hline \end{tabular} Operating Expenses: Rent Business License Depreciation Insurance Repairs and Maintenace Advertising Wages Utilities Total Operating Expenses: 3,000.83 Net Income 3,224.17Step by Step Solution
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