Question 1: Rachels business, Wraps and More Restaurant, is booming, and she is considering taking the company public. However, she is trying to understand the reporting differences between a private and public company. What advantages and disadvantages would Rachel face if she stayed private or went public? What would you recommend for her thriving business and why?
Justify your responses and be sure to correctly cite and reference your sources.
Question 2:Using the template below, compute the return on assets (ROA) and the ROA profit driver analysis for the current and prior years. In the same document, explain the major causes of change using the ROA profit driver analysis.
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