Which of the following is NOT an example of a metric that companies are likely to use to measure some aspect of performance? a. Operating income b. CEO salary c. Cash flows d. Average employee tenure

47) Financial reports are an example of: a) Leading measures of organizational performance b) Lagging measure of organizational performance c) Real-time measures of organizational performance d) Holistic measures of organizational performance

Describe some different types of ratios and how they are used to assess performance. Explain the components of the formula and the order of operations to calculate them. Discuss what these ratios say about the financial health of the organization. Determine why it is sometimes misleading to compare a company's financial ratios with those of other firms that operate within the same industry. Support your response with an example from your research.

As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?