Answer the question with a minimum of 300 words.

Think of a business or organization that you would like to work with. As a financial manager explain how you would use two specific financial ratios in daily operations to ensure the success of the organization.

When it comes to understanding the flow of money in business—whether purchasing raw materials, renting a new storefront, building a new operating plant, or producing a product or service—understanding the financial ratios that were introduced this week are essential to good money management skills.