Standard Industry Classifications, How are you doing compared to others? Academic Essay

judgment in Managerial Decision Making by Max H. Bazerman and Don A. Moore
August 8, 2017
Outline the varying views of Reconstruction by Presidents Lincoln, Johnson, and Grant, and among African Americans. How did Reconstruction evolve from 1865 to 1877
August 8, 2017
Show all

Standard Industry Classifications, How are you doing compared to others? Academic Essay

Write 2 paragraphs per each of the following subject below: Subject 1 Standard Industry Classifications, How are you doing compared to others? Standard Industry Classification codes (SIC) are used for financial statement benchmarks analysis. Your companys financial results would need to be compared to others. SICs provide the format to compare a particular companys financial data to their respective SIC-industry averages. Explain how you would use SIC codes to analyze a Company Xs Accounts Receivable Turnover of four times per year versus a SIC rate of eight times per year. Subject 2 Monitoring the Cost of Money: Interest Rates Interest rates, the cost of money, influence most all factors related to personal and corporate capital budgeting. The more obvious personal information for the cost of money is the rates associated with a mortgage or car loan. As a CFO you would shop interest rates to find the best rate for your financing needs. Would you, as the CFO, finance your projects as soon as possible if cost of capital was expected to drop? Please explain. More importantly where do you find the information to analyze expected changes in interest rates?

Leave a Reply

Your email address will not be published. Required fields are marked *