1. Recommend how projected financial statements and other measures of business performance could be used in a furniture and appliance store to evaluate its activities and processes.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter15: Financial Statements And Year-end Accounting For A Merchandising Business
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1. Recommend how projected financial statements and other measures of business performance could be used in a furniture and appliance store to evaluate its activities and processes.

2. Assess the objectives of financial management and the role of different stakeholders in the financial strategy in a furniture and appliance store.

3. In a furniture store evaluate its main sources of potential financial risk using suitable techniques.  For each risk area you are required to recommend and justify appropriate action to reduce the exposure.

4. In a furniture store evaluate options for the financing of business activities. You are required to include in your evaluation the characteristics of the different sources of finance.

5. how a furniture store might evaluate potential investment opportunities to ensure that decisions reflect the needs of the business and its financial management strategy.

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