Mangage Financial Resources: Interpret Financial Reports and Evaluate Decisions Custom Essay

Assessment 1
Q3 (Preparing Financial Forecasts). Please answer this question. You have not included customer traffic. You are

also required to create an income statement, balance sheet and cash flow statement forecasts.

Q5 (Reporting and Legal Requirements). Please refer to textbook chapter 2.2.1 for the different types of legal

requirements.

Q6 (Interpret Financial Reports and Evaluate Decisions). Your answers relate more to explaining the definitions

of each category. Please answer the question – you are required to explain what the ratios mean to Honda compared

with the industry average, and make your recommendations to Honda.

Assessment 2
Q4. Please explain how you will identify possible deviations in the budget.

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