1. Bankruptcy  When businesses becomeinsolvent, meaning theyservice their debts, theyhave two possibilities Reorganization (Chapter 7) IR down Term to maturity…

Slide 1 Instructor : Ryan Williams Slide 2 Learning Objectives 1. Recognize items that belong on an Income Statement. 2. Prepare an Income Statement. 3. Calculate COGS given…

Slide 1 Ryan Williams Slide 2 Learning Objectives Prepare common-sized Income Statements and Balance Sheets. Compute financial ratios listed in Table 4.1. Discuss uses and…

Income Statement and Balance Sheet Income Statement and Balance Sheet Instructor : Ryan Williams Learning Objectives 1. Recognize items that belong on an Income Statement.…

Income Statement and Balance Sheet Income Statement and Balance Sheet Instructor : Ryan Williams Learning Objectives 1. Recognize items that belong on an Income Statement.…

Income Statement and Balance Sheet Income Statement and Balance Sheet Instructor : Ryan Williams Learning Objectives 1. Recognize items that belong on an Income Statement.…