Description
Wk 4 – Small Business Management Discussion 1
“Creating a Solid Financial Plan”
- Discuss the best way to leverage a breakeven analysis when defining a business strategy.
- Analyze the 12 financial ratios mentioned in the textbook and determine which is the most useful to the greatest number of small businesses. Explain your rationale.
- Current Ratio, Quick Ratio, Debt Ratio, Debt to Net Worth Ratio, Times Interest Earned Ratio, Average Inventory Turnover Ratio, Average Collection Period Ratio, Average Payable Period Ratio, Net Sale to Total Assets, Net Profit on Sales Ratio, Net Profit to Assets Ratio, Net Profit to Equity Ratio
***This is a discussion, NOT a paper. Need 2 strong paragraphs and references.***
Explanation & Answer
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