Submitted by: Submitted by rufus12
Views: 77
Words: 1419
Pages: 6
Category: Business and Industry
Date Submitted: 04/13/2014 08:30 AM
La Paloma Restaurant &Bar
FINANCIAL ANALYSIS
EDEN 6353-Nurturing a Growing Venture
August 1, 2012
I. Executive Summary
a. Assessment of firms financial health
b. Recommendations for action
II. Financial Data Calculations
a. Common sized income and balance sheets for five years
b. Five years of ratio calculations
III. Financial Analysis
a. Trend analysis of the common sized statements, ratios, and raw financial data.
b. Comparison of ratios and common sized percentages to industry standards
c. Are the ratios good or bad?
d. Common Sense Analysis of the Data
Executive Summary
This financial analysis pertains to data regarding La Paloma Restaurant and Bar as well as statistics from Bizstats.com. La Paloma is a restaurant/bar established in the year 2000; it currently has a staff of 46 employees, opened 7 days a week. Through statistics gathered through common size (vertical and horizontal) income statement, balance sheet, ratio analysis, we are given a glimpse out the previous business activity and the forecast of the continued success of the business with a few minor changes. For a business that has been in existence for 10 years it has a constant show of increase in profits continuously each year except for the year of 2010 when it chose to make renovations and an expansion on the business.
La Paloma Restaurant and bar has experienced a lot of success. There are a couple of recommendations for continued success;
1. Stay alert and open to new innovation and technology for the...