What are your feelings on a traditional salary structure (many levels) vs. simplified pay bands? Have your thoughts on salary structure changed after this exercise? What are the advantages and disadvantages of using salary bands?Put yourself in the shoes of the BUSINESS OWNER: Discuss at least one item (account) reported on the income statement that would help you make decisions about future business operations. NOTE: I don't want a general answer like "expenses". Get specific. Discuss what two items (accounts) from the balance sheet you would track on a regular basis. Why? NOTE: Answers such as "Assets and Liabilities" are too general. Get specific. Discuss what two elements on the cash flow statements would you find informative and useful to make future business decisions? Why would those items be helpful? Get specific