Explain to the owner what could be done in another way and if you recommend him to continue or not. Motivate!

Posted: March 9th, 2022

Case; **Comfort Food Ltd. Has three different categories of products: Vegetables, Home appliances, and Books. Last year the business was really bad and the owner now wants to create a Master Budget for next year to see if it is even worth continuing. You are working as a consultant for this company. Make a Master Budget and analyze the budget. Explain to the owner what could be done in another way and if you recommend him to continue or not. Motivate! ** This assignment has an excel file with all the information needed and based on the information in the excel there must be an Operating budget for the whole year, monthly cash flow budget, pro format balance sheet, and a short report on the companies operations. Please note that the VAT used in this case is based on the VAT regulations in Finland. (24% is the default, Food, and restaurant services 14% and 10% on books, newspapers and medicine)