Phase V: Controlling
Analyze Financial Documents- profit and loss (income) statement and balance sheet:
First, collect at least two years of financial statements of your HSO
Profit and Loss (income) statement analysis
What is the total revenue, total costs of revenue, and net income for each year?
What could be the reasons the numbers changed over the two years?
Balance Sheet Analysis
What are the total assets, liabilities, and shareholder equity for each year?
What could be the reasons the numbers changed over the two years?
**The analysis of both statements should be discussed and a graph or chart can be used to reflect the differences in the two years
THE ORGANIZATION IM USING FOR THIS PAPER IS MedExpress
THE PAPER SHOULD BE UNDER 2 DIFERENT BOLD HEADLINES
1. INCOME STATEMENT
2. BALANCE SHEET ANALYSIS
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