This report, prepared for the BSBFIA402 unit, details a student's assessment of financial activity. It includes a BAS statement preparation based on provided cash payment and receipt data, analysis of financial ratios like debt-equity, interest coverage, fixed asset turnover, and return on investment, and the provision of financial business recommendations. The report uses data from Devine Café and Packett Packaging Pty Ltd to calculate and interpret financial ratios, offering insights into financial performance and strategies for improvement, such as leveraging debt, improving working capital management, and enhancing internal controls. The recommendations also cover aspects like inventory management, accounts receivable, and the importance of brand accounting and e-commerce integration. The report adheres to statutory requirements and current legislation, demonstrating an understanding of financial reporting and analysis. This report is available on Desklib, providing a comprehensive solution for students studying finance and business.