What would be good answer to this statement?

Unit 1 - Discussion Board

(FINA310-2301B-01)

RS

Reggie Swinton

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UNIT 1 - DISCUSSION BOARD

Fri 2/24/2023 4:23 PMAll Actions

All companys deal with one of the 5 financial ratios. If I could pick a major company to work with, it would be Jerry Jones and the Dallas Cowboys. Being that I played for the Cowboys and being aroud Jerry Jones, I know that he's business savvy and all about financial growth. He purchshased the team for $140 million and now they are worth $4.2 billion so if I'm going to work for a business man I want to work for the best. Here, we will deal with Leverage Ratio. The Dallas Cowboys built a new stadium in Arlington, Tx years ago. Jerry Jones has all the capitol he needed to build it himslef but he leveraged his business with a bank and had them to put up their money to finance it. The equity was in the new stadium and althogh its not new anymore, it's worth more now due to it being the home of the Dallas Cowboys.

One thing about it, Capitol will continued to be made off off merchandise sold to the millions of Dallas Cowboys fans around the world. That's Profitability Ratio. The assets they have are the players. Having good players and a grrat product to market will always get the fans in the mindset of buying tickets to the games and purchasing gear to wear to the games as well as in public. in this case the business is performing well by simply doiing the essentials it takes to make and keep a business successful. You don't become a successfule bussines person by making dumb decisions and having the right people around you to ensure you're making the right deicisions always helps. So again, Choosing the dallas Cowboys was an easy pick for me. When you see success, it maks you want to become successful as well.