Standard Industry Classification codes (SIC) are used for financial statement benchmarks analysis. Your company's financial results would
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Question:
Explain how using SIC codes or competitors' financial statements as benchmarks can give you insight into how management is running a company.
How can ratio analysis help you determine what improvements need to be made?
Discuss the strengths and weaknesses of using SIC as a benchmark for your financial analysis.
Your initial discussion post must include one outside resource, which may include the Internet or Library, and must be cited according to current APA.
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ISBN: 978-0132423502
4th Edition
Authors: Steven M Glover, Douglas F Prawitt
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