You are interested in the shares of Ittelson Pty Ltd. Before investing, you want to learn as
Question:
You are interested in the shares of Ittelson Pty Ltd. Before investing, you want to learn as much as possible about the company. However, all you have is a summary of ratios for the company that you managed to find on its website:
1. Is it becoming easier for the company to pay its bills as they fall due?
2. Are customers paying their accounts at least as fast as they were in Year 1 ?
3. Is the level of inventory increasing, decreasing or staying the same?
4. Is the company's share price going up or going down?
5. Is the amount of earnings per share increasing or decreasing?
6. Is the price-to-earnings ratio going up or going down?
7. Is the company employing financial leverage to the advantage of the shareholder?
Step by Step Answer:
Financial Accounting An Integrated Approach
ISBN: 9780170349680
6th Edition
Authors: Ken Trotman, Michael Gibbins, Elizabeth Carson