You have the opportunity to invest $10,000 in one of two companies from a single industry. The
Question:
You have the opportunity to invest $10,000 in one of two companies from a single industry. The only information you have is below. Which company would you select? Justify your choice.
Transcribed Image Text:
Ratios for Current Year Current ratio Quick ratio Debt-to-equity ratio Inventory turnover ratio Price/earnings ratio Dividend yield ratio Company A 1.00 0.80 1.25 8.20 4.01 1.74 Company B 1.02 0.79 1.34 14.00 9.20 2.24 Industry Average 1.20 0.95 0.70 18.20 21.25 6.04
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
Express your personal passion for the employers productservicemission Employers want to know youre p...View the full answer
Answered By
Dudhat Vaidehi
I tutored mostly elementary school students privately after school and during the summer. We met in their homes or at the public library. I charged an hourly fee, and I provided any necessary materials.
Having taught in special education in two local schools for many years meant that I had contact with a lot of parents of special needs students. I never had to advertise — word of mouth was how most folks knew of me. At one point I did have a website, but didn't utilize it much. I stayed very busy, especially in the summers, and always had a full schedule. I typically met with each student's teacher in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful. Often parents would share records and test results with me. After each tutoring session, I documented the student’s progress and gave parents written updates, as well as phone calls or emails as needed.
While my students and I certainly utilized technology and the internet often during our sessions, I never tutored online or for any tutoring company, so am not familiar with the curriculums or methods used in those settings.
Tutoring one on one was very enjoyable and rewarding. My students and I had fun, and grew quite fond of one another. The extra income was a bonus. I had to retire from tutoring due to a physically handicapping disease, and miss my students very much.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Accounting
ISBN: 9781264229734
11th Edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
Question Posted:
Students also viewed these Business questions
-
You have the opportunity to invest $10,000 in one of two companies from a single industry. The only information you have follows. The word high refers to the top third of the industry; average is the...
-
You have the opportunity to invest $10,000 in one of two companies from a single industry. The only information you have is shown here. The word high refers to the top third of the industry; average...
-
You have the opportunity to invest $10,000 in one of two companies from a single industry. The only information you have is shown here. The word high refers to the top third of the industry; average...
-
YOU have just graduated from Deakin as an accounting and finance graduate. During your time at Deakin, you were organized and diligent with your studies and thus graduated with flying colors. This...
-
Two independent situations are described below. Each involves future deductible amounts and/ or future tax-able amounts produced by temporary differences: The enacted tax rate is 40% for both...
-
Consider the following code fragment: Scanner console = new Scanner(System.in); System.out.print("How much money do you have? "); double money = console.nextDouble(); Describe what will happen when...
-
P 11-3 Computations (parent-company and entity theories) Pop Corporation paid $1,190,000 cash for 70 percent of the outstanding voting stock of Son Corporation on January 2, 2017, when Son...
-
Tifton & Co. had the following cash transactions during the current year: Proceeds from issuance of common stock ........ $400,000 Payment of dividends .................. 100,000 Payment for purchase...
-
PART c only The foflowingitems are taken from the financial statements of 5 and hili Co. for 2022 . Prepaid insurance Rent expense 15,100 Retained earnings (beginning) 18,400 Salaries and wages...
-
Buckeye Manufacturing produces heads for engines used in the manufacture of trucks. The production line is highly complex, and it measures 900 feet in length. Two types of engine heads are produced...
-
Pool Corporation, Inc., sells swimming pool supplies and equipment. It is a publicly traded corporation that trades on the NASDAQ exchange. The majority of Pools customers are small, family-owned...
-
Who are the primary users of a companys financial statements?
-
How should social class influences affect the planning of a new restaurant in a large city? How might the four Ps be adjusted?
-
The relationship between income and savings, let's look back to the recent credit crisis that sent our economy into the greatest financial crisis since the Great Depression. Watch this short video...
-
Jos Lpez has $15,000 in a 6-year certificate of deposit (CD) that pays a guaranteed annual rate of 4%. Create a timeline showing when the cash flows will occur. (6 points) 2. Oliver Lpez deposits...
-
PROBLEM SET #2 At a large urban college, about half of the students live off campus in various arrangements, and the other half live on campus. Is academic performance dependent on living...
-
Post a compelling argument stating whether leaders are born, made, or a combination of both. Drawing from the discussion of the two current peer-reviewed articles you identified, support your...
-
Unicorn Inc. builds commercial jets and calculate the cost for each jet. For each item below, indicate whether it would be most likely classified as direct labor (DL); direct materials (DM);...
-
Use Version 2 of the Chain Rule to calculate the derivatives of the following functions. y = sin (2x)
-
Using thermodynamic data from Appendix 4, calculate G at 258C for the process: 2SO 2 (g) + O 2 (g) 88n 2SO 3 (g) where all gases are at 1.00 atm pressure. Also calculate DG8 at 258C for this same...
-
The financial statements of The Hershey Company are presented in Appendix B, following the financial statements for Tootsie Roll Industries in Appendix A. Instructions (a) Based on the information...
-
The September 1, 2009, edition of CFO.com contains an article by Marie Leone and Tim Reason entitled Dirty Secrets. You can access this article at www.cfo.com/article.cfm/ 14292477?f=singlepage....
-
The September 1, 2009, edition of CFO.com contains an article by Marie Leone and Tim Reason entitled Dirty Secrets. You can access this article at www.cfo.com/article.cfm/ 14292477?f=singlepage....
-
For anOld Country Links, Incorporated, produces sausages in three production departments Mixing , Casing and Curing, and Packaging. In the Mixing Department, meats are prepared, ground and mixed with...
-
A manufacturing firm uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs, based on machine hours required. At the beginning of 2 0 1 9 , the firm expected to...
-
An investor wants to purchase a zero coupon bond from Timberlake Industries today. The bond will mature in exactly 5.00 years with a redemption value of $1,000. The investor wants a 12.00% annual...
Study smarter with the SolutionInn App