Need help with week 6 assignment

Managerial AnalysisPurpose of Assignment This comprehensive case requires students to evaluate a static budget and prepare flexible budgets to meet managerial needs. Students are required to calculate and analyze variances and discuss how variances are critical to managerial decision making. Assignment Steps Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Committee (SEC), Green Pastures Static Budget Income Statement Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Scenario: Green Pastures is a 400-acre farm on the outskirts of the Kentucky Bluegrass, specializing in the boarding of broodmares and their foals. A recent economic downturn in the thoroughbred industry has led to a decline in breeding activities, and it has made the boarding business extremely competitive. To meet the competition, Green Pastures planned in 2017 to entertain clients, advertise more extensively, and absorb expenses formerly paid by clients such as veterinary and blacksmith fees.The budget report for 2017 is presented as an attachment. As shown, the static income statement budget for the year is based on an expected 21,900 boarding days at $25 per mare. The variable expenses per mare per day were budgeted: feed $5, veterinary fees $3, blacksmith fees $0.25, and supplies $0.55. All other budgeted expenses were either semifixed or fixed.During the year, management decided not to replace a worker who quit in March, but it did issue a new advertising brochure and did more entertaining of clients. Conduct an examination of the financial statements, prepare a flexible budget report, and create a minimum 5-slide presentation, including detailed speaker notes, as the committee’s consultation team,addressing the questions listed below:Based on the static budget report, answer the following questions:What was the primary cause(s) of the loss in net income?Did management do a good, average, or poor job of controlling expenses?Were management’s decisions to stay competitive sound?Based on the flexible budget report, answer the following questions:What was the primary cause(s) of the loss in net income?Did management do a good, average, or poor job of controlling expenses?Were management’s decisions to stay competitive sound?What course of action do you recommend for the management of Green Pastures?Show your work in Microsoft® Word or Excel®. Complete calculations/computations using Microsoft® Word or Excel®. Use PowerPoint for your slide presentation. Format the assignment consistent with APA guidelines.Click the Assignment Files tab to submit your assignment.Additional InstructionsIf you are using Excel to show your work, please ensure that your cells are formatted correctly. While you may not be able to apply APA formatting guidelines in Excel, you are expected to ensure that your content is wrapped within each cell you are using to answer the questions and that you format your spreadsheet in a manner that is presentable. If you have limited or no experience with Excel you can access the Excel Training Videos to brush up on your skills. Otherwise please use the Microsoft Word to answer the questions, explain your findings, and state your support for your conclusions.Using Microsoft Word requires APA formatting. Resources have been provide for you in the classroom to help you with your assignments.Please check your spelling and spacing, reference page should be included and a cover page provided for all Microsoft Word submissions. Excel submissions should include the proper headings and adequate formatting. Be sure to include your name the in title of your saved assignment so that it can be easily identified.

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