Let's pretend you are the CEO of SunTay Corporation. Is this a good SCI for your first year? Explain in 5 to 8 sentences only.
As the CEO of SunTay Corporation, I can
extrapolate from the SCI for my company's first year that it is not excellent. You can see that it attained a break-even point between the income and expenses. The company’s gross profit and other income was able to cover all the expenses but it did not generate any profit. A company's SCI may only be said to be doing properly if all expenditures are paid for while still generating income. However, it is possible that this will alter in the future. The profit of your business for the year may either rise or drop.