Chapter Name: Make a financial decision based on financial statements
Description:Applies financial analysis to support budgeting, investing, or expansion decisions.
Purpuse:To improve strategic planning using financial data.
Rational:Data-driven decisions reduce risk and increase the likelihood of success.
Chapter Assessment
Expected Supporting Evidence:
Portfolio of Evidence 1: Recommendations are made on how to improve the financial ratios of new ventures. - Uses financial ratios (e.g., current ratio, return on equity) to suggest specific improvements for business performance.
Workplace Activities
Activity 1: Recommend improvements based on financial ratios.
Recommendation report, ratio analysis.