For this discussion we are exploring the financial health of businesses.

• Discuss how the cash flow information found on the statement of cash flows and the use of financial ratios to analyze information on the financial statements are used when making business decisions. Feel free to review the report in this week's module "A Global Survey of Enterprises: Managing the Business Disruptions of COVID-19" to examine the impact of financial distress in managing cash flows, etc., during a global pandemic.

• What ratios do you think are the most important to review and why?

• Discuss the role technology has played in advancing the field of managerial accounting over the past 25 years. Have these advances helped or hindered the profitability of a small business. Explain?

Answer rating: 100% (QA)

Cash flow information found on the statement of cash flows provides a clear picture of a companys ca... View the full answer