Description
Please respond to the following:
- From the Activity, determine why it is sometimes misleading to compare a company’s financial ratios with those of other firms that operate within the same industry. Support your response with one (1) example from your research.
- From the scenario, determine two (2) strategies that TFC could utilize to reach its expansion goals. You may, for example, consider your analysis of TFC’s financial statements, as well as your knowledge of TFC’s excessive cash position. Provide a rationale for your response.
Search the Internet for an article that supports your position and post the link in your thread for everyone to read. Then post to at least one (1)of your classmate’s posts.
Explanation & Answer
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Running Head: TFC DISCUSSION POST
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Discussion Post
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TFC DISCUSSION POST
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Discussion Post
It is always misleading to compare the financial ratio of one company with the
proportions of another group even though they are operating within the same industry. Different
rates exist which include the value line, Bradstreet and the annual statement studies among other
rates. Various sources of standards tend to have a different emphasis. An exa...
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