Question
If the CEO of a large, diversified, firm were filling out a fitness report on a division manager, which of the following situations would be
-
If the CEO of a large, diversified, firm were filling out a fitness report on a division manager, which of the following situations would be likely to cause the manager to receive a better grade? In all cases, assume that other things are held constant.
a. The division's DSO is 40, whereas the average for its competitors is 30.
b. The division's debt ratio is above the average for other firms in the industry.
c. The division's inventory turnover is 9, whereas the average for its competitors is 8.
d. The division's total assets turnover ratio is below the average for other firms in its industry.
If the CEO of a large, diversified, firm were filling out a fitness report on a division manager, which of the following situations would be likely to cause the manager to receive a better grade? In all cases, assume that other things are held constant.
| a. | The division's DSO is 40, whereas the average for its competitors is 30. | |
| b. | The division's debt ratio is above the average for other firms in the industry. | |
| c. | The division's inventory turnover is 9, whereas the average for its competitors is 8. | |
| d. | The division's total assets turnover ratio is below the average for other firms in its industry. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
1st Edition
0765616785, 9780765616784
