Professional Custom Accounting papers: 2. Describe how profitability measures are used to determine how efficiently the company manages its operations
Financial Statements and Cash Flow
1. Explain the importance of the balance sheet and income statement in financial decision making.
2. Describe the difference between average and marginal tax rates.
3. Identify the sources and uses of cash represented on the statement of cash flows.
Corporate Finance, Ch. 3: Financial Statement Analysis and Financial Models
1. Understand how short-term liquidity and long-term solvency measures are calculated and used.
2. Describe how profitability measures are used to determine how efficiently the company manages its operations
