You are advised to spend a
maximum of 20 minutes on this task.
The graph
below shows the monthly profits of 3 British companies in the car retail
industry for the 2000 financial year.
Write a report for a university lecturer
comparing the performance of Ace Sports Cars and Branson Motors for the period
given.
You should write the report
in 150 words.
The line graph delineates the profit of three British companies dealing in car industry for the financial year 200. The data is calibrated in thousands of pounds.
The leading company in the starting of financial year, 2000 was Acme Sports Car which was making approximate three times more profit than Branson Motors whose profit was 20,000 pounds. In the first quarter, former company's profit experienced an decrease but an increase in the June leads it to 80000 pounds profit while, a constant surge in profit was seen in the latter one. At the end of first quarter, tax was imposed/levied on luxury goods which negatively effect the profit of Acme Sports Car in the months between July and September and profit plummeted to 10,000 pounds and Branson earned 60000 pounds profit.
Zig-zag trend in the profit was observed in the case of Branson Motors and profit fell between 50000 pounds and 60000 pounds whereas, Acme Sports Car's profit recovered in the third quarter and reached to 20000 pounds. Media reports that happened in the stating of fourth quarter brought a boost in the economy and this positively influence profit of both the companies and ended up making Branson Motors, the most profitable company of 2000 financial year. Branson Motors and Acme Sports Car gained a profit of 60000 pounds and 40000 pounds at the end of 2000 financial year respectively/severally.
Overall, financial year 2000 was most successful for Branson Motors in comparison to Acme Sports Car that witnessed fluctuating profit.
