Method of Financial Analysis and Impact on Quality of Decision Making

Jelena Avakmovic () and Julija Avakumovic ()
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Jelena Avakmovic: University Nikola Tesla
Julija Avakumovic: DTM

EuroEconomica, 2016, issue 2(35), 23-30

Abstract: The financial analysis has a major contribution in making basic business decisions. Implementation and realization of business decision means directing business processes and activities towards this goal. Makers and implementers of business decisions should accept full responsibility for the funding to these decisions, for success or failure. Modern business decisions have been based on previous detailed and comprehensive analysis. Bring good business decision means and the methods used financial analysis that have a significant impact on the quality of the decision which will be the topic of this work.

Keywords: financial analysis; financial ratios; liquidity ratios; profitability ratios (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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