1. How do you think financial ratios differ across different industries? Compare two industries of your choice and select a few ratios and explain whether you think the ratios would be higher or lower for each of those industries and explain why. 2. What are some uses and limitations of financial ratios? 3. How is the financial plan and budget related to a company’s strategic plan?
1. How do you think financial ratios differ across different industries? Compare two industries of your choice and select a few ratios and explain whether you think the ratios would be higher or lower for each of those industries and explain why. 2. What are some uses and limitations of financial ratios? 3. How is the financial plan and budget related to a company’s strategic plan?
Chapter2: Developing The Business Idea
Section: Chapter Questions
Problem 7DQ
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1. How do you think financial ratios differ across different industries? Compare two industries of your choice and select a few ratios and explain whether you think the ratios would be higher or lower for each of those industries and explain why.
2. What are some uses and limitations of financial ratios?
3. How is the financial plan and budget related to a company’s strategic plan?
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