Accountng and Managerial Skills
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You have been hired to assess the overall health and performance of a major grocery store chain. What management tools will you use to make a through assessment about the health and performance of this company? What are the most important managerial and financial accounting skills you will need for this assessment?
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Solution Summary
This posting discusses the financial accounting skills required for assessing the health of a grocery store.. It also lists the managerial skills needed to assess the health of the grocery store. . .
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STEP 1
Financial Accounting Skills required assessing the health of a grocery store:
1. I need accounting skills to prepare the financial statements from the accounts of the store.
2. I need skills relating to ratio analysis to know the liquidity position, the operating profitability, and the return on assets and forecasting of financial performance ...
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