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You are Arvin Krishnan, the Finance Manager of Endurance Fitness. You are reviewing the budget at the end of the quarter, as per company policy.

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You are Arvin Krishnan, the Finance Manager of Endurance Fitness. You are reviewing the budget at the end of the quarter, as per company policy. Analyse the following financial statements for Q1 of 2021: Appendix F: Endurance Fitness 2021 Q1 P&L Actual Appendix G: Endurance Fitness 2021 Q1 Cash Flow Statement Appendix H: Endurance Fitness 2021 Q1 Accounts Receivable Ageing Summary Appendix I: Endurance Fitness 2021 Q1 Balance Sheet 0... Then, prepare a formal report of the financial situation for the management team. In this report, you must cover the following: 1. Overview of issues Identify and prioritise at least two significant issues in the financial statements for Q1 and the remainder of the forecast budget for 2021

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