Discussion and Roundtable in detail please.
· Analyze the different ways financial statements are used by an entrepreneurial firm.
· Evaluate financial statements to understand liquidity, solvency, and profitability issues related to the entrepreneur.
· Discuss the relevance of dates format and the units of dollar values (000's etc.) at the top of each financial statement (income statement, balance sheet, statement of cash flow).
· Explain the limitations of financial statements.