Briefly explain the importance of the time value of money and how you would use it to maximize profit for your company.
Financial Tools
Create the four key financial statements, and explain the importance of each for your company. Refer to the examples in your text, and research similar companies online. Remember this is a start-up company and may not have a lot of resources. The main consideration is adding the right information for each of the financial statements.
Identify three critical ratios that are important to review.