Step 1: Read each section of the scenario on your own. If you have questions about how to complete this assignment, ask your teacher for assistance. If you need help understanding any of the terms or equations used in the scenarios and questions, ask your teacher for assistance. Step 2: Participate in a group discussion to answer the questions in each section. Meet with your assigned group to discuss the questions for each scenario. Remember to take notes and follow the rules for group discussions. Use your notes from the discussion to answer the questions. Step 3: Use this checklist to evaluate your project. If you can check each box below, you are ready to submit your project. Did you read each scenario carefully? Did you participate in the group discussion? Did you take notes during the discussion? Did you support your ideas with facts and details from the scenarios? Did you use your notes from the discussion to answer the questions? Is your worksheet free of errors in spelling and grammar? Step 4: Revise and submit your project. If you were unable to check off all of the requirements on the checklist, go back and make sure that your project is complete. Save your project before submitting it. Turn in the worksheet to your teacher. Be sure that your name is on the submission. Submit the worksheet through the Virtual Classroom. Congratulations! You have completed your project. ANALYZE A BUSINESS SCENARIO Read the following scenarios related to running a business, then work with your group to respond to the questions. As you share ideas, remember to follow the rules for group discussions: Take notes. Be courteous. Listen carefully to one another. Speak one at a time without interrupting. Support your statements with facts and details. Finally, use the discussion and your notes to answer the questions. Section 1: Analyzing a Balance Sheet Omar and Janet own a small jewelry-supply business called Rings and Things. From January through April, the company generated a