You have the opportunity to invest $10,000 in one of two companies from a single industry. The
Question:
You have the opportunity to invest $10,000 in one of two companies from a single industry. The only information you have is below. Which company would you select? Justify your choice.
Transcribed Image Text:
Ratios for Current Year Current ratio Quick ratio Debt-to-equity ratio Inventory turnover ratio Price/earnings ratio Dividend yield ratio Company A 1.00 0.80 1.25 8.20 4.01 1.74 Company B 1.02 0.79 1.34 14.00 9.20 2.24 Industry Average 1.20 0.95 0.70 18.20 21.25 6.04
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
Express your personal passion for the employers productservicemission Employers want to know youre p...View the full answer
Answered By
Dudhat Vaidehi
I tutored mostly elementary school students privately after school and during the summer. We met in their homes or at the public library. I charged an hourly fee, and I provided any necessary materials.
Having taught in special education in two local schools for many years meant that I had contact with a lot of parents of special needs students. I never had to advertise — word of mouth was how most folks knew of me. At one point I did have a website, but didn't utilize it much. I stayed very busy, especially in the summers, and always had a full schedule. I typically met with each student's teacher in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful. Often parents would share records and test results with me. After each tutoring session, I documented the student’s progress and gave parents written updates, as well as phone calls or emails as needed.
While my students and I certainly utilized technology and the internet often during our sessions, I never tutored online or for any tutoring company, so am not familiar with the curriculums or methods used in those settings.
Tutoring one on one was very enjoyable and rewarding. My students and I had fun, and grew quite fond of one another. The extra income was a bonus. I had to retire from tutoring due to a physically handicapping disease, and miss my students very much.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Accounting
ISBN: 9781264229734
11th Edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
Question Posted:
Students also viewed these Business questions
-
You have the opportunity to invest $10,000 in one of two companies from a single industry. The only information you have follows. The word high refers to the top third of the industry; average is the...
-
You have the opportunity to invest $10,000 in one of two companies from a single industry. The only information you have is shown here. The word high refers to the top third of the industry; average...
-
You have the opportunity to invest $10,000 in one of two companies from a single industry. The only information you have is shown here. The word high refers to the top third of the industry; average...
-
YOU have just graduated from Deakin as an accounting and finance graduate. During your time at Deakin, you were organized and diligent with your studies and thus graduated with flying colors. This...
-
Two independent situations are described below. Each involves future deductible amounts and/ or future tax-able amounts produced by temporary differences: The enacted tax rate is 40% for both...
-
A 0.29 kg mass is attached to the end of a spring that is attached horizontally to a wall. When the mass is displaced 10.2 cm and then released, it undergoes SHM. The force constant of the spring is...
-
Give reasons as to why the shape of the curve of the product life cycle is similar to that of the adoption of innovations curve.
-
Thunder Cat Services specializes in training and veterinary services to household pets, such as dogs, birds, lizards, fish, horses, and of course, cats. After the first 11 months of operations in...
-
Find WACC using last debt issuance and US treasury risk-free rate D/E Ratio 1.2 Yield on Bond issued 07/09/2023 8.5% Yield on Bond issued 17/02/2023 8.6% Yield on Bond issued 01/10/2023 8.9%...
-
Stahl produces and sells a single product and faces an inelastic demand curve, meaning it can sell as many units as it wants without affecting the selling price. Stahl has a cost structure consisting...
-
Pool Corporation, Inc., sells swimming pool supplies and equipment. It is a publicly traded corporation that trades on the NASDAQ exchange. The majority of Pools customers are small, family-owned...
-
Who are the primary users of a companys financial statements?
-
Herons formula for finding the area A of a triangle with sides a, b, and c is where s is the semiperimeter, and Consider the triangle, and work Exercises in order. Use Herons formula to find the area...
-
How can law help inform sustainable product design, manufacturing, supply chain, and marketing?
-
How have you been personally affected by globalization?
-
Do you agree with the idea that businesses have social responsibilities?
-
What role does legal compliance play in the business case for sustainability?
-
Have you ever worked for a company that had a corporate social responsibility policy? Did it make a difference?
-
How many liters of air (78 percent N2, 22 percent O2 by volume) at 20C and 1.00 atm are needed for the complete combustion of 1.0 L of octane, C8H18, a typical gasoline component that has a density...
-
Calculate the Lagrange polynomial P 2 (x) for the values (1.00) = 1.0000, (1.02) = 0.9888, (1.04) = 0.9784 of the gamma function [(24) in App. A3.1] and from it approximations of (1.01) and (1.03).
-
The financial statements of The Hershey Company are presented in Appendix B, following the financial statements for Tootsie Roll Industries in Appendix A. Instructions (a) Based on the information...
-
The September 1, 2009, edition of CFO.com contains an article by Marie Leone and Tim Reason entitled Dirty Secrets. You can access this article at www.cfo.com/article.cfm/ 14292477?f=singlepage....
-
The September 1, 2009, edition of CFO.com contains an article by Marie Leone and Tim Reason entitled Dirty Secrets. You can access this article at www.cfo.com/article.cfm/ 14292477?f=singlepage....
-
You own a portfolio that is 25 percent invested in Stock X, 40 percent in Stock Y, and 35 percent in Stock Z. The expected returns on these three stocks are 10 percent, 13 percent, and 15 percent,...
-
Let's assume that the government decides that consumption of hamburger meat is harmful to the environment. As a result, they decide to implement a price floor of $10 on one pound of hamburger meat....
-
CRM First Assignment You have just been promoted to a managerial position in marketing at the company you work for. One of your oldest complaints is that the company has never invested in a CRM...
Study smarter with the SolutionInn App