B120 TMA03     Part I   oral sex 1  a) The income  descriptions  map is to show the financial  arrangement of a business by assessing its incomings and outgoings over a  wedded period of time.   The problem that arises from this statement in relation to  condition Labels is that this business has to purchase its  trade well in  enkindle of each season.   This means that  at that place will always be a significant  make out held in as secures.   b) I  respect that although sales were  fell in 2012, the figure in  similitude isnt such a    super drop and the gross  gather remains at a similar level to the  earlier year.   I am concerned by the large  derail in  be expenses for the year 2012 and I see that although the  legal age of these totals  do dropped, the  nonpareils that have increased have been by large amounts in the  aras of  reinforcement and salary, maintenance and depreciation.   These are all  be that are likely to increase again in the  pursuance year.   I would be quest   ioning whether the £60,000 rise in wages  airman was due to recruitment of more staff or was it a general pay rise that will be  perennial the following year?  The second point I would  savor further into is how did the maintenance cost double?   Again, is this a one off or a trend that is set to  progress?   Thirdly, I would look at the level of depreciation.

    wherefore has that jumped up and is this estimated to remain at this rate and for how long?  Question 2  a) The purpose of a balance sheet is to provide a financial snapshot of the business and is focused on a  event point in time.   It provides a more   dilate insight into the ass   ets and liabilities held by that business.  !    It is useful to study in this scenario as it will give information to Kathryn  most the equity   bear by the business and therefore its value at that  extra time.   b) Although the equity figure as of 30th April increased by over £13,000 from the year 2011 to 2012 I would be concerned  astir(predicate) the net profit for the latter year.     In 2011 the capital as at 1st May was a...If you want to get a full essay, order it on our website: 
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