Project 2 cs235

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School

Purdue University *

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Course

23500

Subject

Accounting

Date

Apr 3, 2024

Type

pdf

Pages

6

Uploaded by Flightologist

Report
11/4/2023 TO: Capacity Holdings FROM: Kaden Gorak, Yilin Sun, Keegan Rhoad, Jay Kurup This report below was created by Kaden,Yilin, Keegan, and Jay in an effort to aid Capacity Holdings and its upper management to make better business decisions to improve their company. The purpose of this report is to find what size loan Capacity Holdings will need. 2022 P&L Report
The table provided displays the profit/loss data report for the year 2022. According to the Q1-Q3 report of 2023 below, Capacity Holdings has achieved a higher net income than the previous year. A notable observation from this report is that the Phoenix, AZ location contributed an average amount of revenue compared to other locations but incurred the highest wage and salaries expense. We recommend that the company contemplate cost-cutting measures to limit labor expenses at this particular location.
2023 Q1, Q2, & Q3 P&L Report The table above shows the profit/loss data from Q1, Q2, and Q3. The main thing we can see here is Capacity Holdings made a positive net income. Although you guys had successful quarters, we have a suggestion to improve profits. When looking at the bigger cities, (ex. San Antonio, Dallas, Portland, Houston, and Hartford) they had bigger profits than the other cities. They should put most of their focus on these cities because they are generating a big portion of the net income.
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