Question: 1. Explain what ratio analysis is. Name the four categories of ratios and describe the type of information each group provides the small business owner

1. Explain what ratio analysis is. Name the four categories of ratios and describe the type of information each group provides the small business owner 2. Define what a pro forma financial statement is. What are the two types a small business owner uses, and how are they created? 3. Why is it important for an entrepreneur, about to launch a business, to perform a break-even analysis? Describe the steps in calculating it Explain what ratio analysis is. Name the four categories of ratios and describe the type of information each group provides the small business owner Define what a pro forma financial statement is. What are the two types a small business owner uses, and how are they created? Why is it important for an entrepreneur, about to launch a business, to perform a break-even analysis? Describe the steps in calculating it

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