1.

Read the discussion question below and post a comment of at least 200 words.

Inventory turnover ratio is an important asset management ratio we use in ratio analysis. Please discuss how this ratio can be computed and if there are alternative ways of computing it, and why we should be very careful when interpreting the Inventory Turnover Ratio?

2.

Read the discussion questions below, select one, and post a comment of at least 150 words.

If a "typical" firm reports $20 million of retained earnings on its balance sheet, could its directors declare a $20 million cash dividend without any qualms whatsoever? Explain why or why not?