Saturday, February 1, 2020
Course project Coursework Example | Topics and Well Written Essays - 250 words
Course project - Coursework Example The company is quite strong compared to the peer group and the top competitors whose current ratio is 2.01 and 1.10 respectively. The strength emanates from the fact that the current ratio of the company is in between to indicate the assets are steering the growth of the company. The profitability ratio will measure the companyââ¬â¢s ability to generate profits. Aswath argues that the gross margin indicates the percentage of net sales going towards fixed costs and profit (34-35). Macys aim for high gross margins that mean more money to cover fixed costs and increase profits. Asset management ratio is a good measure of the companyââ¬â¢s efficiency and effectiveness in using the assets in revenue generation. Market value ratios relate to the stock price, observable market value and book value will get obtained in the company financial statement. Therefore, Equity Investors can extend credit to investors due to the report found in its financial ratios. The ratios show an upward trend to indicate that the company is
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.