I planning to open some fast food business with the organic ingredients. 1) Research the industry and find common ratios significant to your industry. What are they and what are they telling you about this industry? Be specific as to the ratios relevant to this industry and what are the industry averages for those ratios. 2)Review the common-size financial statements of at least two businesses within this industry. Provide copies of balance sheets and income statements of each of these businesses and discuss the information you can derive from those financial statements and how you can apply that to this business. The review of the financial statements should be specific to those statements provided, and not a generalized discussion of what financial statements are.
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