Question
Once you have closed the books, made all your final adjusting entries, and generated your financial statements, it is now time to immerse yourself in
Once you have closed the books, made all your final adjusting entries, and generated your financial statements, it is now time to immerse yourself in analyzing your financial results. Assume you are the Corporate Controller for a large Houston based home builder. What are a couple of the ratios you would calculate to help the Board of Directors better understand the areas of success and/or concerns that need to be addressed. Of the ratios you selected, explain what they measure, what accounts are used to compute the ratio, and the computation formula.
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