ENTREPRENEURSHIP: The Art, Science, and Process for Success
1. What does the term “leverage” mean for a business? What ratios can be used to examine leverage? How can you use leverage to your advantage as a business owner?
2. What is the difference between a Profit & Loss Statement and a Balance Sheet? What role does each play in business? Why is each important?
3. What are liquidity ratios? What role do they play in analyzing financial performance? (FROM READING ABOVE)
4. What three activity ratios can you use to measure efficiency in a business? Describe each ratio and how it is measured. (Watch the “Reporting for Profit” video located in this weeks Reading above link)
5. any topic from reading above
6. any topic from chapter 8
7. any topic from chapter 8
8. any topic from chapter 8