Nursing homework help. Answer the following questions and submit to Chapters 14 Questions.
- Explain and give two examples of how the controlling management function can be accomplished using the data found on the balance sheet and the P&L statement.
- How do you know if a ratio’s value is good or bad? Is it possible for a ratio to be too high in once case and too low in another? Explain your answer with an example using one of the ratios found in this chapter.
- Define the four general types of ratios – liquidity, solvency, activity, and profitability. What does each type tell a manager about the financial performance of his or her business?
- Why is it necessary to understand the purposes of the balance sheet, P&L statement, and financial ratios before you can understand the value of cash flow budgets?
- What doe the term pro forma mean?
- How does a cash flow budget strengthen the financial foundations of an agribusiness?Using Chapter 14 Financial Documents answer the following questions:
- What is the current ratio of this business
- What can you determine about the liquidity of this business?
- What can you determine about the solvency of this business?
- What is the ROIC of this company?
