Anaylze the following statement and answer the following questions.
Are there any problems that stand out to you? Be sure to support your reasoning.
What might Larry do to improve his financial management? Include examples.
Will the business be sustainable in the future?
Can the business support Larry? Why or why not, provide evidence.
If you were a lender would you extend a loan to Larry based on this Profit and Loss Statement? Explain why or why not.
Is there growth potential for this business? If not, what should be done?
