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URL:https://www.learndesk.us/class/4899990591766528/lesson/bcdacefec55a3e98c1441991d87a0498?ref=outlook-calendar
SUMMARY:Becoming A Financial Doctor For Your Business
DTSTART;TZID=America/Los_Angeles:20260430T190000
DTEND;TZID=America/Los_Angeles:20260430T200000
LOCATION:https://www.learndesk.us/class/4899990591766528/lesson/bcdacefec55a3e98c1441991d87a0498?ref=outlook-calendar
DESCRIPTION: Becoming a Financial Doctor For Your Business

LESSON 3a is a prerequisite to this lesson.

Analyzing financial position provides a look at the past and is the first step in the financial management process. It is like taking a patient’s pulse and temperature. The analysis points out areas where there may be current or potential problems. It is somewhat fruitless to decide where you want to go until you have determined where you have been and where you are now.

This analysis is a quick, efficient tool for you to use in becoming familiar with the historical financial operation of your company.  It is a framework for identifying the causes and severity of financial and management problems.  When you act in your business, you can feel confident that the action is the right one.  Ratio analysis pinpoints problems and helps you find hidden cash opportunities in your current business operation.

Here are the key learning objectives for this lesson:

 Test your company by calculating the...

https://www.learndesk.us/class/4899990591766528/lesson/bcdacefec55a3e98c1441991d87a0498?ref=outlook-calendar
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