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Theme 2: Managing Finance
infoWhy this? Profitability, liquidity, and working capital reveal different aspects of a business’s financial health and help explain why even profitable businesses can fail. Using financial information and ratios develops our ability to assess performance and evaluate decisions that support financial stability.
scheduleWhy now? After Raising Finance and Financial Planning, we move from securing funds and forecasting outcomes to assessing financial health. This develops the financial understanding needed to evaluate resource decisions and provides a basis for the more detailed analysis in Assessing Competitiveness.