Assignment Details

When it comes to understanding the flow of money in businesswhether purchasing raw materials, renting a new storefront, building a new operating plant, or producing a product or serviceunderstanding the financial ratios that were introduced this weekare essential to good money management skills.

In your discussion this week, consider the financial ratio content covered in the instructor video. Discuss the following:

• Think of a business or organization that you would like to work with. As a financial manager explain how you would use two specificfinancial ratios in daily operations to ensure the success of the organization.