# FOR NYANYA (ONLY) ACCT200 - Wk 6 DQ

**gpst927**

**READING/OBJECTIVE**:

Ch 17 Analysis of Financial Statements

This chapter emphasizes the analysis and interpretation of financial statement information. We learn to apply horizontal, vertical, and ratio analyses to better understand company performance and financial condition.

Ch 17 Analysis of Financial Statements

Explain the purpose and identify the building blocks of analysis. (p. 688)

Describe standards for comparisons in analysis. (p. 689)

Ch 21 Cost-Volume-Profit Analysis

This chapter shows how information on both costs and sales behavior is useful to managers in performing cost-volume-profit analysis. This analysis is an important part of successful management and sound business decisions.

Ch 21 Cost-Volume-Profit Analysis

Describe different types of cost behavior in relation to production and sales volume. (p. 862)

Describe several applications of cost-volume-profit analysis. (p. 873)

**DISCUSSION QUESTON a minimum of 200-250 words required:**

Chapter 17

- Define and discuss the basics of financial statement analysis. What is the purpose of this analysis? What additional useful information may be produced by the analysis activities?

Chapter 21

- Define and discuss the basics of Cost-Volume-Profit analysis. What is the purpose of this analysis? What additional useful information may be produced by the analysis activities?

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