"Sustainable Income and Quality of Earnings"

• The quality of a company's earnings and sustainable income are both important to analysts and investors. Examine the difference between the quality of earnings for a company and sustainable income. Discuss the relevancy of pro forma statements to sustainable income and quality of earnings. As an investor assume you can select information related to either quality of earnings or sustainable income prior to making a decision to invest in a company. Identify your selection and support your response with an example.

"Financial Statement Analysis"

• Discuss why it is just as important to analyze financial statements as it is to prepare them.
• Discuss how business owners and leaders can use financial statement ratios to make decisions.