Posted: February 24th, 2023

When it comes to understanding the flow of money in business—whether purchasing raw materials, renting a new storefront, building a new operating plant, or producing a product or service—understanding the financial ratios that were introduced this week are essential to good money management skills.

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Assignment Details
When it comes to understanding the flow of money in business—whether purchasing raw materials, renting a new storefront, building a new operating plant, or producing a product or service—understanding the financial ratios that were introduced this week are essential to good money management skills.
In your discussion this week, consider the financial ratio content covered in the instructor video. Discuss the following:
Think of a business or organization that you would like to work with. As a financial manager explain how you would use two specific financial ratios in daily operations to ensure the success of the organization.
Consider your peers’ responses, and note the things they would do differently from you. Share some of the practices a financial manager would implement.
Share any good financial management decisions that you think an organization should incorporate based on financial ratios.

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