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Managerial accounting can be a complex job. As you learned in this week’s practice assignment, many different calculations need to be completed to assist an organization with its financial statements.
Write a 250-word response reflecting on your experience making the calculations from the practice assignment. In your reflection, share your thoughts on the activities within this week’s readings. How do financial statements assist with decision making? What will you do differently in the following weeks? What prepared you for these calculations?
Submit your assignment.
The calculations I had to do were the current ratio, earnings per share, quick (acid-test) ratio, return on investment, return on equity and debt to equity ratio