Homework Answers
| Option A is the answer | |
| Profitability ratios determine how well the company is doing with the resources it is using. These ratios help the companies assess their performance and their ability to compete with their peers |
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Companies use profitability measures to assess performance and to: assess their ability to compete. O maintain...
The table shown below contains a variety of performance measures that companies might use as internal...
The table shown below contains a variety of performance measures
that companies might use as internal business process measures in
their balanced scorecards. Each measure is accompanied by a + or −
to indicate whether the performance measure should increase or
decrease over time.
Required:
For each measure, place an X in one of the three columns to
indicate whether the measure would most likely be adopted by a
company pursuing a strategy focused on operational excellence,
product leadership, or...
analyse the following ratios for these two companies Fashion Forward Dreams Design Profitability Measures 1 Profit...
analyse the following ratios for these two companies Fashion Forward Dreams Design Profitability Measures 1 Profit margin 5.46% 3.9% 2 Return on assets 4.9% 4.8% Short-Term Liquidity Measures 3 Credit Ratios 1.1 of 1 1.4 of 1 4 Quick Ratio 0.98 of 1 1.01 of 1 5 AR TurnOver Ratio 14.3 times 20.6times 6 Average Collection Period 26 days 18 days 7 Inventory Turn over 12.9 times 15.7 times 8 Average Sales 28 Days 23 Days Long-Term Solvency Measures 9...
The performance measures/metrics used to assess organizational performance are many. The measures employed by managers must...
The performance measures/metrics used to assess organizational performance are many. The measures employed by managers must be applicable/relevant and vary depending on certain issues. Once we are able to measure strategic initiatives, we can manage them. Listed below are three corporate-level strategies/initiatives discussed in class. For each corporate-level strategy/initiative listed below, offer three (3) performance measures relevant (i.e., especially meaningful) for monitoring the success of that particular strategy/initiative. Offer the measure and explain why it is especially relevant for that...
Nineteen Measures of The ability of a firm to pay its debts as they come due.Solvency...
Nineteen Measures of The ability of a firm to pay its debts as they come due.Solvency and The ability of a firm to earn income.Profitability The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $61 on December 31, 2016. Blige Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 2016 2015 Retained earnings, January 1 $1,943,600 $1,645,700 Add net income for year 432,000 337,100 Total...
EXHIBIT 14-26 Summary of Analytical Measures Ratios or Other Measurements Method of Computation Significance Measures of...
EXHIBIT 14-26 Summary of Analytical Measures Ratios or Other Measurements Method of Computation Significance Measures of short-term liquidi Current ratio ab Current Liabilities Quick ratio A measure of short-term debt Current Liabilities A measure of short-term debt tes the cash generated by operations Indicates ability to cover currently maturing Indicates how quickly receivables are collected Indicates in d ons Average Inventory to sell the a 365 Days Days to Sell I Free cash flow Net Cash from Debt ratic ion...
Balanced Scorecard, Perspectives, Classification of Performance Measures Consider the following list of scorecard measures: Required: Classify...
Balanced Scorecard, Perspectives, Classification of Performance Measures Consider the following list of scorecard measures: Required: Classify each measure according to the following: perspective, financial or nonfinancial, subjective or objective, and external or internal. When the perspective is process, identify which type of process: innovation, operations, or post-sales service. a. Product profitability b. Ratings from customer surveys c. Number of patents pending d. Strategic job coverage ratio e. Revenue per employee f. Quality costs g. Percentage of market h. Employee turnover...
There are several groups of ratios most decision makers and analysts use to examine different aspects...
There are several groups of ratios most decision makers and analysts use to examine different aspects of a company's performance. Based on the descriptions of ratios listed, identify the relevant category of ratios. • Ratios that help determine whether a company can access its cash and pay its short-term obligations are called liquidity ratios. • Ratios that help determine the efficiency with which a company manages its day-to-day tasks and assets are called ratios. profitability market-value or market-based dividend policy...
41. The balanced scorecard is used to tie performance measures to which of the following? a. organizational...
41. The balanced scorecard is used to tie performance measures to which of the following? a. organizational goals. b. short-term objectives only. c. long-term objectives only. d. regulatory requirements. 42. Which of these is the perspective of the balanced scorecard that includes supplier relationships and outsourcing? a. financial perspective. b. internal business and production process perspective. c. learning and growth perspective. d. customer perspective. 43. Why do managers often have incentives for committing financial fraud? a. Bonuses, merit pay increases, and promotions...
IAS 1 Presentation of Financial Statements requires management to assess a company’s ability to continue as...
IAS 1 Presentation of Financial Statements requires management to assess a company’s ability to continue as a going concern. The going concern assessment needs to be performed up to the date on which the financial statements are issued. The assessment relates to at least the first twelve months after the Statement of Financial Position date, or after the date the financial statements will be signed, but the timeframe might need to be extended. Material uncertainties, for example, the coronavirus effects...
IAS 1 Presentation of Financial Statements requires management to assess a company’s ability to continue as...
IAS 1 Presentation of Financial Statements requires management to assess a company’s ability to continue as a going concern. The going concern assessment needs to be performed up to the date on which the financial statements are issued. The assessment relates to at least the first twelve months after the Statement of Financial Position date, or after the date the financial statements will be signed, but the timeframe might need to be extended. Material uncertainties, for example, the coronavirus effects...
The table shown below contains a variety of performance measures
that companies might use as internal business process measures in
their balanced scorecards. Each measure is accompanied by a + or −
to indicate whether the performance measure should increase or
decrease over time.
Required:
For each measure, place an X in one of the three columns to
indicate whether the measure would most likely be adopted by a
company pursuing a strategy focused on operational excellence,
product leadership, or...
EXHIBIT 14-26 Summary of Analytical Measures Ratios or Other Measurements Method of Computation Significance Measures of short-term liquidi Current ratio ab Current Liabilities Quick ratio A measure of short-term debt Current Liabilities A measure of short-term debt tes the cash generated by operations Indicates ability to cover currently maturing Indicates how quickly receivables are collected Indicates in d ons Average Inventory to sell the a 365 Days Days to Sell I Free cash flow Net Cash from Debt ratic ion...
Balanced Scorecard, Perspectives, Classification of Performance Measures Consider the following list of scorecard measures: Required: Classify each measure according to the following: perspective, financial or nonfinancial, subjective or objective, and external or internal. When the perspective is process, identify which type of process: innovation, operations, or post-sales service. a. Product profitability b. Ratings from customer surveys c. Number of patents pending d. Strategic job coverage ratio e. Revenue per employee f. Quality costs g. Percentage of market h. Employee turnover...
There are several groups of ratios most decision makers and analysts use to examine different aspects of a company's performance. Based on the descriptions of ratios listed, identify the relevant category of ratios. • Ratios that help determine whether a company can access its cash and pay its short-term obligations are called liquidity ratios. • Ratios that help determine the efficiency with which a company manages its day-to-day tasks and assets are called ratios. profitability market-value or market-based dividend policy...
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