Price-sales ratio = Price per share/Sales per share .... *calculate each as a percentage of total sales to determine the the Net Profit ... financial managers using a common-size balance sheet.
Answer:
C. Manager
Explanation:
Makes the most sense to me. You have to know how to deal with people and assign tasks to get the job done. Sounds like every manager i know.
Answer:
The answer is: Income statement
Explanation:
As she wants to get information on sales and costs, the Income statement is the statement that she should looking for. With the Balance sheet statement, it only shows information on the financial position reporting the firm's assets, liabilities and owner's equity at a specific point in time rather than the sales and costs firgures during the reporting period.
Furthermore, she should opt for Income statement rather than the common-size income statement because the common-size income statement hardly illustrates any trend during the recent years/ reporting periods, instead, it is only shown each revenue and cost items as percentage of total sales in a specific period.
In the income statement, there should be enough information for the new CFO to find trends on revenues and costs (if any) because the revenue and cost items is detailed enough and at least it should be given the comparision between sales & costs of the reporting period versus the firgures of the previous reporting period.
Joseph is probably denied credit due to his bad character, which is an essential element of the Three C's of Credit.
<h3>What are the Three C's of Credit?</h3>
To determine the credibility of a person for grant of a loan or an advance, a lender takes into consideration the Three C's of credit, which are as follows,
- Character
- Capacity
- Capital or Collateral.
Collaterals or Capital help in determination of security of lender from borrower, in case when the borrower is unable to repay the credit. Capacity determines the ability to repay the credit.
Character, on the other hand, helps in determination whether the customer or the borrower's behavior, and the qualities of his or her character in the society.
Hence, the three C's of credit are explained above.
Learn more about the Three C's of Credit here:
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Answer :
13.86%
Explanation:
Calculation of the Expected rate of return
First step
Expected return = (.12 x.187) + (.84 x.144) + [.04 x(-.12)]
Second step
Expected return =(0.02244)+(0.12096)+ (-0.0048)
Expected return=0.1386 ×100
Expected return=13.86%
Therefore the Expected return would be 13.86%
