To complete this part of the assignment, the following items, as well as those listed above, must be addressed:
A. What statements were utilized for formulating your proposal. Why? Select the appropriate statements for analysis and defend your choices.
B.What major expenses are associated with your proposal items?
C.What budgetary accounts are impacted, and in what way?
D. Based on the previous year’s budget data, why did you select these budget items for adjustment over other options?
E.Research the various ratio options used for reviewing financial statements. Determine what ratios you will use for your
proposal items and explain why.
