Take the role of an investment analyst at Cole Binder. It is your job to recommend investments
Question:
Write a report to the Cole Binder investment committee. Recommend one company's stock over the other. State the
Write a report to the Cole Vinder investment committee. Recommentd one company's stock owver the other. State the reasons for your recommendation.
Ratio Days' sales in receivables.... 41 Inventory turnover Gross profit percentage6% Tower.org Graphics Imaging 48 58% 13% 13 30% 19% Net income as a percent of sales 12% Return on equity. Return on assets 35% 14%
Step by Step Answer:
TO Cole Binder Investment Committee FROM XYZ SUBJECT Investment Recommendation I recommend that we i...View the full answer
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
Related Video
Inventory turnover is a key metric that helps businesses evaluate the efficiency of their operations. A high turnover ratio is generally considered positive, indicating that the company is effectively selling its inventory and making efficient use of its resources. On the other hand, a low turnover ratio may indicate issues such as overstocking or slow sales and may require further examination to identify and address the underlying causes. Businesses use this ratio to make decisions about inventory levels, production schedules, and pricing strategies. It also helps businesses to identify areas where they may need to make improvements, such as reducing lead times for production or optimizing sales and marketing efforts. Additionally, inventory turnover is used by investors and analysts as a key performance indicator to evaluate the financial health and growth potential of a company.
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