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This is an easy case.
Joan has been teaching driving for many years. Until recently she has been content to just produce the information necessary for her to pay her taxes. Now she would like to see a full set of accounts and she has asked you to produce them. she values your opinions highly and is hoping for some suggestions as to how to improve her business’s performance.
Joan’s figures for the last year’s trading are given to you, along with her opening balance sheet.
1) Produce her financial statements and calculate some ratios.
2) Become ‘Sherlock Holmes’ and get behind the numbers!
3) What advice would you give to Joan?
Working papers and answers are provided.
Two versions are available: PDF or Excel.
