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Case
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Reference no. 9B19B015
Published by: Ivey Publishing
Originally published in: 2019
Version: 2019-12-18
Revision date: 16-Jan-2020

Abstract

In 2018, the owner of Northwest Fitness, a fitness business in London, Ontario, Canada, was analyzing the business's past year of operations and planning for the future. The company focused on 'functional fitness' training to help clients improve aspects of their everyday life. The owner had launched the fitness studio with the help of a bank loan and a line of credit; after three years of success, he wondered if the company was finally in a financial position that would allow him to expand operations. He needed to analyze the past financial performance and project a statement of earnings and a statement of position assuming an expansion was pursued.

Teaching and learning

This item is suitable for undergraduate courses.
Location:
Size:
Small
Other setting(s):
2018

About

Abstract

In 2018, the owner of Northwest Fitness, a fitness business in London, Ontario, Canada, was analyzing the business's past year of operations and planning for the future. The company focused on 'functional fitness' training to help clients improve aspects of their everyday life. The owner had launched the fitness studio with the help of a bank loan and a line of credit; after three years of success, he wondered if the company was finally in a financial position that would allow him to expand operations. He needed to analyze the past financial performance and project a statement of earnings and a statement of position assuming an expansion was pursued.

Teaching and learning

This item is suitable for undergraduate courses.

Settings

Location:
Size:
Small
Other setting(s):
2018

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