Financial Accounting and Legal business environment , management homework help

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1) Using a trade journal from your chosen industry, illuminate a recent financial problem facing a company in that industry. Look at the big picture, rather than just the shortage of funds or the overextension of credit. Why is this particular financial problem you chose typical or atypical of your industry? What kind of tools and resources will the company with the financial problem need in order to solve the problem? (Hint: solving the problem doesn’t just mean getting money from somewhere. It means finding a solution so that the problem doesn’t present itself again regularly.) Please provide the full APA reference at the bottom of your post. (Answer in 250 words)

2)The balance sheet, the income statement, and the cash flow statement each serve a different function, yet they work in harmony with one another. Give a concrete example of when each of these three statements is needed and for what purpose. Who (i.e. bankers, investors, business owners, etc.) is most interested in each of these statements and why? How can non-financial managers use the statements to better manage people and resources?(Answer in 250 words)

3) List any experiences you have had with the law. Include lawsuits to which you were a party, lawsuits your employer has been involved in that you had some connection to, and whether you have been a jury member or have some other expertise with legal issues. If you wish to keep any of your legal experiences private, please don’t feel compelled to disclose them here.(Answer in 250 words)


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