CDEFGHK2016201720191,000 £12 | £83.33 days20181,100 £InventoryCost of goods sold / 365£1,200£95010 | £100.00 days£11 £13120.00 days73.08 days QUESTIONS:1. What this ratio tells us about?| 2. Do you like the situation in this company?3. What are your recommendationd to improve the situation?

Day Sales In Inventory (DIS): This ratio helps in calculating the average number of days in which a…

Answered: 1. What this ratio tells us about? 2.…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Similar questions

Cost Behavior - Operating leverage and profitability analysis Discuss how understanding cost behavior leads to better decision-making and increased profits. Make a recommendation as to the best formula to use to assess a company's profitability. Please provide specific examples.
3. Do you think that the behavior of real world managers is always consistent with profit maximization goal?
1. Which of the following is an example of qualitative factors that can effect investment decisions? Select one: a. All of the choices b. Over time, how will the quality of goods produced impact the company financially? c. How will any changes affect worker productivity? Will they have any impact on employee morale? d. How will the proposed acquisition or upgrade affect the company’s flexibility?
6.If return on investment is a measure used on the balanced scorecard, under which perspective would it be listed?A)Financial perspectiveB)Customer perspectiveC)Learning and growth perspectiveD)Internal business perspectiveE)None of the above.7.What term is used to describe the continuous process of measuring a company's own products, services, and activities against competitors' performance?A)Balanced scorecardB)Business-level strategyC)BenchmarkingD)Internal calibrationE)None of the above.8.Which of the following is not an objective of continuous improvement?A)Improvement of the activities in which the organization engages through documentation and understanding.B)Elimination of activities that are nonvalue-added.C)Improvement of the efficiencies of activities that are value-added.D)Increasing activities that are considered nonvalue-added.E)None of the above.
based on the attached what is the answer?
Which two of the following statements about the company's goals and the purpose of financial management are false? Choose two (2) of the answer options below, which correctly answer the question asked. 1. Strategies are translated into business plans, which more clearly describe how different goals and sub-goals are to be achieved. 2. The stakeholder model is based on an approach where the company is open to its surroundings. 3. The goal formulation of the satisfaction model is based on taking into account the specific company's opportunities for a positive result. 4. The profit maximization model is based on decision-makers being rational and having full access to information. 5. The business manager model is based on the fact that ownership and operation of a business are not separate. 6. The stakeholder model's goal formulation is based on being able to meet the requirements and expectations of all different stakeholders at the same time.
Maximizing revenue should be the goal of the firm Select one: a. True b. False
c. Why is an increase in value a reasonable business goal? Give your explain about a social-based start-up!
Q) If the company is successful in achieving challenging targets for the performance measures of on-time delivery and product quality, will it also necessarily achieve high profitability? Explain your answer.
Looking from a managerial perspective, why would a firm use a balanced scorecard in evaluating performance? What benefits would be derived from the use of this measure? Please provide at least 2 references to back up your opinion.
Answer the following. Why performance ratio in a business or company is important?? *Purpose of performance ratio? *Advantage? *Disadvantage?
How does the Triple Bottom Line (TBL) reflect the holistic performance of a company?

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1. What this ratio tells us about? 2. Do you like the situation in this company? 3. What are your recommendationd to improve the situation?