Financial Responsibilities: Describe the responsibilities of a financial analyst. Write five to seven bullet points outlining the responsibilities of a financial analyst. Write in complete sentences. Financial Management Decisions: Use an example to discuss the importance of analyzing and managing finances to help make business decisions. Consider the bullet points you outlined in the previous section. Then write a brief paragraph that answers the following questions. Use examples to support your claims. How do these responsibilities help inform management decisions? What would happen if management didn’t have this information? Accounting Principles: Explain how to use accounting principles to analyze a business’s financial health. Give examples to support your claims. Write a brief paragraph that explains how financial analysts use accounting principles to analyze a business’s financial health. In your paragraph, also answer the following questions: What accounting information do financial analysts use? What would happen if that information was not available or was not accurate? Financial Statements: Describe how to use financial statements to help businesses make finance-related decisions. Give examples to support your claims. Think about how financial analysts identify the information contained in financial statements. Then write a brief paragraph that answers the following questions. Use examples to support your claims. What does a financial analyst need to do their job? What types of finance-related business decisions would this information help businesses to make? Financial Terminology: Explain how a financial analyst uses key financial terms every day. Ensure your response is clear and easy to understand. Define each term listed below. Then, for each term, write one or two sentences showing how a financial analyst might use the term and how the concept is used to make important financial decisions. Financial statement Liquidity Working capital Diversification Time value of money

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter1: Role Of Accounting In Society
Section: Chapter Questions
Problem 8Q: Use the internet to research one manufacturing, one retail (or merchandising), and one service...
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  1. Financial Responsibilities: Describe the responsibilities of a financial analyst.
    1. Write five to seven bullet points outlining the responsibilities of a financial analyst. Write in complete sentences.
  2. Financial Management Decisions: Use an example to discuss the importance of analyzing and managing finances to help make business decisions.
    1. Consider the bullet points you outlined in the previous section. Then write a brief paragraph that answers the following questions. Use examples to support your claims.
      1. How do these responsibilities help inform management decisions?
      2. What would happen if management didn’t have this information?
  3. Accounting Principles: Explain how to use accounting principles to analyze a business’s financial health. Give examples to support your claims.
    1. Write a brief paragraph that explains how financial analysts use accounting principles to analyze a business’s financial health. In your paragraph, also answer the following questions:
      1. What accounting information do financial analysts use?
      2. What would happen if that information was not available or was not accurate?
  4. Financial Statements: Describe how to use financial statements to help businesses make finance-related decisions. Give examples to support your claims.
    1. Think about how financial analysts identify the information contained in financial statements. Then write a brief paragraph that answers the following questions. Use examples to support your claims.
      1. What does a financial analyst need to do their job?
      2. What types of finance-related business decisions would this information help businesses to make?
  5. Financial Terminology: Explain how a financial analyst uses key financial terms every day. Ensure your response is clear and easy to understand.
    1. Define each term listed below. Then, for each term, write one or two sentences showing how a financial analyst might use the term and how the concept is used to make important financial decisions.
      1. Financial statement
      2. Liquidity
      3. Working capital
      4. Diversification
      5. Time value of money
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