Attached with the order are 6 financial reports for the first month of a new start-up business 1. Profit & Loss summary 2. Profit & Loss detailed 3. Balance sheet 4. Aged payables 5. Aged receivables 6. Inventory (Stock) Item history Using the information from the above reports, prepare a short report that covers the following: 1. Relevant and detailed analysis of the profitability and efficiency of the business, by business segment, using accounting ratios where applicable. 2. Provide the business owner with 5 keys recommendation and provision to improve the profitability and efficiency of the business.
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