Financial analysis of the Ocean Blue hotel custom essay

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The scenario used for Assessment 1 will be further developed in this assessment and you will be provided with additional background and budgetary information for the financial periods concerned.

Step 1

Based on the information that you will be given, develop flexible budgets for each department of the business and use this information to conduct a variance analysis.

Step 2

Build on your evaluation of the business?s financial performance from Assessment 1 by providing a report (maximum 1500 words) to management that highlights areas of concern and make recommendations for the future.

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