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Assignment Performance Evaluation in Organizations

Assignment Performance Evaluation in Organizations

Q Assignment: Performance Evaluation in Organizations Scenario Information from Halloran Company’s Income Statement and Balance Sheets for the years 2013–2017 is presented. Questions 1. Use these statements to calculate trend percentages for all components of both statements using 2013 as the base year. 2. Prepare a memo to the CEO of Halloran company summarizing your findings about the financial health of the company, using your calculations from above as evidence to support your conclusions.

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2.The company's overall performance in terms of its operations has been getting worse year after year. Since 2017, the rise in sales has been much smaller than the increase in the cost of products sold. When compared to the base year of 2013, sales have increased by 43 percent, while the cost of goods sold has increased by 66 percent, which has resulted in a reduction of the net income to 41 percent. I would want to have a conversation with you about the status of the firm's finances on the basis of the most current trend analysis that was performed for our business utilizing the income statement and balance sheet of the company for the period covering 2013 to 2017.