What are the differences between and uses of these three accounting statements

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  1. What are the differences between and uses of these three accounting statements: income statements, balance sheets, statement of cash flow.
  2. What are the elements of the strategic profit model? What does each element tell us about the financial health of the firm.
  3. Larry owns a local sandwich shop. Discuss how his promotional strategy may have been altered by the COVID- 19 pandemic.
  4. Calculate ratios and interpret results for example firm.
  5. Firm XYZ needs to increase its profit margin. Provide 3 alternatives the firm could implement.
  6. Firm XYZ needs to increase its asset turnover. Provide 3 alternatives the firm could implement.
  7. Compare and contrast the most relevant elements of retail images for Neiman Marcus and Walmart.
  8. Target wants to enhance its productivity. Describe the options available to them.
  9. What do you think is the most important financial trend effecting retailers of sporting goods currently?
  10. Be sure to refresh your memory on previous test questions. They are fair game for the final.

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