Lecture Managerial Accounting for the hospitality industry: Chapter 6 - Dopson, Hayes

Lecture Managerial Accounting for the hospitality industry: Chapter 6 - Ratio analysis. Ratio analysis is used to analyze profitability and it is also used to examine, in detail, the asset, liability, and owners’ equity positions of a business. In this chapter you will learn how to compute and analyze the ratios used to evaluate each of these three major components of the basic Accounting Formula.

Từ khóa: Ratio analysis, Hospitality industry, Managerial accounting, Accounting fundamentals, Financial statements, Management of revenue