Week 5

Week 5

Discussion 1

For any business, performance management serves as a key role in order to build a stable and healthy future. Through the use of different management tools the effectiveness of a company is analyzed. Recoding, reporting and analyzing financial information, all come under the umbrella of Accounting. Financial statement serves as the final act of any company's accounting cycle. The use of financial ratios is widely observed, through which the management and the investors gauge the performance of the company. Financial ratio's covers the calculations for asset turnover, liquidity, financial leverage, and profitability, these ratio's serve there own unique ...