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ACC 421 Wk 3 Discussion – Accounting Ratios
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ACC 421 Wk 3 Discussion – Accounting Ratios
Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.
Due Thursday
Respond to the following in a minimum of 175 words:
Imagine that you’ve been asked to explain one of the major accounting ratios to a group of high school students who have no background in business or accounting, but who are eager to learn. Choose one of the following ratios and describe how you would explain it in your own words, using a specific example: current ratio, asset turnover, or profit margin on sales.
Due Monday
Reply to at least two of your classmates. Be constructive and professional in your responses.