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Capital Budge RecommendationGuillermo Navallez, owner and operator of Guillermo Furniture has built a successful company using beautiful local woods and the highest quality of hand crafted techniques. In addition to materials being found locally, cost of labor was relatively low as well. Over time however, competition has entered the local market. With advancements in laser technology production and globalization Guillermo furniture is finding that it is time to evaluate his business model to stay competitive. Mr. Navallez has conducted preliminary research regarding his options, which are:
How has automation aided the preparation, accuracy, and use of the financial statement worksheet and completion of the financial statements? What automation tool has been most useful to you?
Actual production figures for the past year were as follows.
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