Directions Business is a numbers game, and survival in the marketplacedepends on having the right nu

Directions Business is a numbers game, and survival in the marketplacedepends on having the right nu

Directions Business is a numbers game, and survival in the marketplacedepends on having the right numbers in black ink. It is necessaryto compare your venture to other businesses in your industry bycalculating key financial ratios. Review the financial ratios inFigure 8.10 in Chapter 8 of your text. Go to BizStats by BizMiner and select “Financial BenchmarkReports” – Select “Sole Proprietorship” or “Corporation” or “SCorp” – Select your Industry (for example, Retail – food &beverage), then you will see various business statistics andfinancial ratios. Look at the Industry Financial Ratios for yourindustry at the bottom, and recap this specific information in a1-2 page paper including the industry you chose. Attached

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