I have to answer the following questions below in 350 to 400 words. I have been reading the chapter and do not fully understand these questions:
Q1. Discuss the four types of ratios used in balance sheet analysis and the importance of each?
Q2. Discuss different ways a financial manager can determine his/her future financing needs. Include ways of determining the need for external financing.
Q3. "The Du Pont System links profitability and efficiency measures in useful ways". Discuss the meaning of this statement.