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Consider the tools discussed in Chapter 2 of the text, which relate to financial reporting. Select 3 of these tools which you could apply to

Consider the tools discussed in Chapter 2 of the text, which relate to financial reporting. Select 3 of these tools which you could apply to better understanding an organizations financial situation and which might be utilized to define areas of strategic focus for the organization to better optimize its revenue stream. Discuss how they can be utilized, why they would be of value, and identify at least one gap for each which can be filled through the use of another tool. Feel free to utilize additional sources beyond the text, should you believe that will be of value in compiling your response.

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