AB 299 STUDY Great Stories /ab299study.com AB 299 STUDY Great Stories /ab299study.com | Page 14

4 ) Economic environment , Finance and Accounting :
ØDiscuss the economic environment in the retail industry and its impact on Tim ’ s business success .
ØInterpret the Balance Sheet and Profit and Loss Statement in view of your knowledge of accounting / finance principles ( as reviewed in Unit 6 ).
Describe any problems and provide detailed directions of action items for improvement ; what needs to be done and when . Ø