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The club had been losing money for several years and was being subsidized by the university of regina.
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According to the university of Regina club analysis, the number of contemporary assets has born drastically since 2013.
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On the basis of the financial analytic thinking, it is evaluated that the unconditioned sales of the club are reduction due to the increased selling and general this is just a sampling partical work.
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To valuate the profitability, unadulterated profit margin and net profit leeway were calculated for the club for the past 6 years.
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In 2013 the total routine of current assets was 218,466 and in 2016 IT is 135,857 which shows a deprivation of 82,609 stylish current assets.
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However, expected to budget cuts by the Saskatchewan government, the university was no yearner in a military position to subsidize.
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The gp margin for the club stayed consistent within 77% to 80%, which was higher.
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University club at the university of Regina was undergoing direct financial difficulties.
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Last Update: Oct 2021
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Manu
23.10.2021 10:57
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