Question
Consider each of the following independently: a. Increase in return on sales. b. Increase in cash dividends. c. Increase in the P-E ratio. d. Decrease
Consider each of the following independently:
a. Increase in return on sales.
b. Increase in cash dividends.
c. Increase in the P-E ratio.
d. Decrease in the interest coverage ratio.
e. Decrease in the accounts receivable turnover.
From management's perspective, discuss and whether the above items are positive or negative.
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Public Finance
Authors: John E. Anderson
2nd edition
978-0538478441, 538478446, 978-1133708360, 1133708366, 978-1111526986
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