Solved by a verified expert :Week 2 discussion
DQ1
What information might you use, besides the financial
statements of an organization, when analysing its financial health? Be
specific, and identify the usefulness of the information that you identify.
DQ2
In performing a horizontal analysis on a company’s income
statement, you notice that sales have decreased by 4%, but the gross profit has
increased by 10%. What are some factors that could cause this to happen?