The Sparklin Automotive Company (SAC) has been in
business since 1930. It began business in the United States supplying
spark plugs to automotive manufacturers (OEM the original equipment
market) and the automotive aftermarket. SAC has introduced a new spark plug manufacturing process in the
United States that produces a higher quality spark plug guaranteed to
last 100000 miles. The introduction of this spark plug has been very
successful in the United States. In addition to these types of projects your responsibilities include
creating and analyzing the monthly performance of each plant and
consolidating the results into a set of financial statements footnoted
with explanations. Assignment: in 1500 words using APA style.As SACs corporate business financial analyst you will be required to
provide the SAC Board of Directors and executive management team with
essential financial information on the management of the SAC enterprise.
What are the basic financial statements you will submit to the Board
and management? What information is contained in each of the statements?
How will the information that you provide be used by the management
team? How will it help them manage the enterprise? What are the
limitations of the information that you provide to the management team?
How can the management team ensure that they obtain a complete picture
of the enterprise?