Answer the Following Questions: 1. In what types of decisions can break-even analysis help managers? 2. What
Question:
Answer the Following Questions:
1. In what types of decisions can break-even analysis help managers?
2. What is the difference between direct costs and indirect costs? Give an example of each.
3. Why is it important for a business to understand the nature of its assets before approaching lenders?
4. What factors should a company consider before selecting a chartered bank as a lender?
5. Why budgeting is important in business. Explain budgeting in terms of planning as a whole.
6. Compare the Financial Performance of Any 2 companies in an industry.
Calculate Ratio Analysis including:
a). current ratios
b). quick ratios
c). debt to total assets ratios
d). debt to equity ratios and compare the performance of 2 companies for 3 years on the basis of these ratios.