Prepare a 2,500 word business report for your manager providing analysis and business advice following the requirements below.Presentation and format: Business report with a title page, contents page and clear structure. It must be written in an appropriate business tone with appropriate Harvard reference where necessary.Note no introduction is required. No marks will be awarded for an introduction.5 marks

Part 1: Business Performance Analysis: 40marks total

To support your analysis for this part you will need to calculate and use appropriate ratios using the course definitions. You need to show all ratio calculations workings which should be placed in the appendices to your report.

1.1.Statement of Profit or Loss

Analyse and comment on the financial performance of T-shirts Ltd using the case study information and exhibit 1. Your analysis should critically evaluate all the lines of the Statement of Profit or Loss.20marks

1.2.Statement of Financial Position

Analyse and comment on the financial position of T-shirts Ltd using the case study information and exhibit

1. Your analysis should critically evaluate all the lines of the Statement of Financial Position.20marks

Part 2:Understanding Financial Information& Management of Cash: 25marks

2.1.Explain the concept of accrual accounting versus cash accounting, including the benefits and any limitations of each, with examples from this case study where relevant.15 marks

2.2.What is meant by Profit and Cash flow and how they are different.10marks

Part3: Budget techniques and Company Finance: 30marks

3.1.Define Budget and explain purposes of preparing a budget.15marks

3.2.What might be the main benefits of forming a limited company and listing it on a stock exchange.15 mark