Question
The investment, financial, and profitability characteristics of different industries vary, often significantly. For example, some industries require substantial investments in property, plant, and equipment, while
The investment, financial, and profitability characteristics of different industries vary, often significantly. For example, some industries require substantial investments in property, plant, and equipment, while in others a larger proportion is invested in liquid assets such as cash and accounts receivable. Differences also frequently exist in the means of financing assets. One industry may have to rely extensively on long-term debt, while in another trade credit is readily available. Also, certain measures of profitability and asset utilization will reveal significantly different results in industry comparisons. Financial statements and the ratios computed from them reflect these and other differences among industries.
- Electric utility
- Commercial bank
- Genetic engineering company
- Retail jewelry chain
- Secretarial services company
1. Company 1 is the
- A. Electric utility
- B. Commercial bank
- C. Genetic engineering company
- D. Retail jewelry chain
- E. Secretarial services company
2. Company 2 is the
- A. Electric utility
- B. Commercial bank
- C. Genetic engineering company
- D. Retail jewelry chain
- E. Secretarial services company
3. Company 3 is the
- A. Electric utility
- B. Commercial bank
- C. Genetic engineering company
- D. Retail jewelry chain
- E. Secretarial services company
4.Company 4 is the
- A. Electric utility
- B. Commercial bank
- C. Genetic engineering company
- D. Retail jewelry chain
- E. Secretarial services company
5. Company 5 is the
- A. Electric utility
- B. Commercial bank
- C. Genetic engineering company
- D. Retail jewelry chain
- E. Secretarial services company
6. reasons for choices?
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International Finance For Dummies
Authors: Ayse Evrensel
1st Edition
111852389X, 978-1118523896
