1. Procter and Gamble reports a large number of financial metrics including ratios like Return on Equity, and Gross Margin, and many others. What are some reasons that they report these metrics? (Mark all that are correct) Options A. They want to have a way of comparing their performance against their competitors . B. They want to see if their total sales went up, but their costs went up even more so their profitability decreased C. They want to see before COVID and after COVID financial ratios to see what impact it had on their finances D. They want to determine if they are meeting their goals for Return on Invested Capital E. They want to determine if they should adopt a policy of a 4-day work week 2. Suppose retirement fund earns 7% compounded annually. I plan to make 35 annual withdrawals starting at the end of the year. Each withdrawal will be $80,000. What amount should I have in my account today to fund my retirement? (Round to the nearest dollar)
1. Procter and Gamble reports a large number of financial metrics including ratios like
Options
A. They want to have a way of comparing their performance against their competitors .
B. They want to see if their total sales went up, but their costs went up even more so their profitability decreased
C. They want to see before COVID and after COVID financial ratios to see what impact it had on their finances
D. They want to determine if they are meeting their goals for
E. They want to determine if they should adopt a policy of a 4-day work week
2. Suppose retirement fund earns 7% compounded annually. I plan to make 35 annual withdrawals starting at the end of the year. Each withdrawal will be $80,000. What amount should I have in my account today to fund my retirement? (Round to the nearest dollar)
The financial metrics are used for finding out the health and profitability of a company. Each financial metric looks into an aspect that determines how well a company is doing.
Payout annuity is a type of annuity where we make periodic withdrawals and is usually used after retirement.
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