– Please use APA (7th edition) formatting
– All questions and each part of the question should be answered in detail (Go into depth)
– Response to questions must demonstrate understanding and application of concepts covered in class,
– Use in-text citations and at LEAST 2 resources per discussion from the school materials that I provided to support all answers. Include at least 2 references and include in-text citations.
– Responses MUST be organized (Should be logical and easy to follow)
Minimum 1.5 Page
Read this article by investopedia in its entirety: https://www.investopedia.com/financial-edge/0910/6-basic-financial-ratios-and-what-they-tell-you.aspx
Discussion 1 – Accounting
Why is accounting important? Who governs accounting? How consistent is accounting among companies in the same industry? Can show an example of where accounting rules may be applied differently and yet consistent with GAAP? Why do we care as a society about accounting rules? Show by way of example, what happens when a company does not follow legitimate accounting practices.
Explain the value of financial ratios and why they are important? How are they used by companies, by investors, by analysts?
· Please respond to each part of this multi-part discussion topic
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