Question: Create a personal and investment plan and explain its effect on financial statement analysis. - My personal investment plan consists of two things: start a

Create a personal and investment plan and explain
Create a personal and investment plan and explain its effect on financial statement analysis. - My personal investment plan consists of two things: start a business and invest in the stock market and government bonds. After graduating from college, I am planning to work so that I can earn money. My goal is to be financially stable at the age of 50. With the savings that I earned from my work, I will make use of it to start my own business and then put my extra savings on investing in the stock market and government bonds. Putting my resources into the securities exchange and building my own business is certifiably not something simple. Thus, I need to initially study and evaluate it, and the best way to do it is to analyze its financial ratios. I should be mindful of all these different ratios as they are all interrelated to one another and can provide information about the company's financial health. However, I will focus more on the areas which I think are most important for business owners and investors: the profitability and solvency ratio. By knowing these ratios, I will be able to know if my business and investment in my chosen company are generating a profit and can meet its financial obligations in the long term. Furthermore, this helps me to strategically allocate my resources in the most effective and efficient way. Please help me elaborate more my answer on its effect on financial statement analysis

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