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Evaluating The Transformation Process

Charla and Maria had just opened their own pizza company after working for a major chain. They hired a bookkeeper who provided financial statements but then resigned. The financial information could help the owners understand their first month's performance if it provides details on sales, expenses and cash flow. Key events in the first month likely included startup costs, purchases of supplies and equipment, payroll for employees, and early sales. It's unclear if the business is viable without knowing more details like actual financial results and how they compare to projections.

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M Bilal Saleem
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18 views

Evaluating The Transformation Process

Charla and Maria had just opened their own pizza company after working for a major chain. They hired a bookkeeper who provided financial statements but then resigned. The financial information could help the owners understand their first month's performance if it provides details on sales, expenses and cash flow. Key events in the first month likely included startup costs, purchases of supplies and equipment, payroll for employees, and early sales. It's unclear if the business is viable without knowing more details like actual financial results and how they compare to projections.

Uploaded by

M Bilal Saleem
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Evaluating the Transformation Process

Italiano Pizza Company has just completed its first month in business. The owners, Charla and
Maria, had previously worked for a major pizza chain but were convinced that they could offer a
better product in a better atmosphere. They knew the importance of accurate financial records
and hired a bookkeeper. Yesterday, the bookkeeper hand-delivered financial statements to the
owners and announced her resignation. You have been retained by Charla and Maria to
interpret the following financial information and explain its significance.RequiredA. Discuss
whether the information provided could be helpful to the owners and, if so, describe how. If not,
describe why not.B. Identify at least 10 events that occurred as part of the transformation
process during the firm's first month in business. For each event, identify the amount of cash
involved.C. Did Charla and Maria make a good judgment when they decided to get into this
business? Would you recommend that they continue with the pizza business or discontinue it?
What additional information would be helpful to you in making such arecommendation?
View Solution:
Evaluating the Transformation Process
SOLUTION-- http://expertanswer.online/downloads/evaluating-the-transformation-process/

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