Types of accounting and financial records

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Reference no: EM13223955

Decide on the types of accounting and financial records that Rolando and Rosa should and should not share with their franchisees. Provide a rationale with your response.
Expound on the importance of completing balance sheets and operating statements on a monthly and yearly basis.
Predict the consequences that would result if Rolando and Rosa completed balance sheets and operating statements on a quarterly basis instead of a monthly basis.
Determine whether Rolando and Rosa should recommend, insist upon, or be indifferent to the types of accounting procedures all franchisees should follow.
Reach conclusions about the financial health of the Hair Emporium by assessing the accounting and financial records provided in the case study, including the ratios you used and why you selected them.
Use at least two (2) quality academic sources to support your answers.

The specific course learning outcomes associated with this assignment are:

Analyze accounting and financial statements in regard to the franchise industry.
Use technology and information resources to research issues in chain management and franchising.
Write clearly and concisely about chain management and franchising using proper writing mechanics.

Reference no: EM13223955

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