forecasting and measure the profitability or loss in the business in those years. Also been
able to know how and where to get the information in order to make a good decision in
any business and also analyzing the values we could see that if we change our expecting
sales everything changes for a good or for a bad situation for the company. The financial
statement ratio helps business calculate their assets, liabilities and owners equity for the
current year projection.
College Budget Conclusion
I learn from the college budget that we need to have take in count all of our fixed costs
through the semester and also make a projection of our discretionary spending in order to
make our budget not higher than our income.