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 in the Connect content is essential to good money management skills.

* Think of a business or organization that you would like to work with. Explain how, as a financial manager, you would use financial ratios in daily operations to ensure the success of the organization.

* Share any good financial management decisions that you think an organization should incorporate based on financial ratios.