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The sales-to-inventory ratio:
a. as a determination of financial performance, is good comparison tool.
b. is technically inferior to other commonly used ratios.
c. is superior to the inventory turnover ratio.
d. was developed by the Dupont Corporation and is satisfactory when used to make comparisons between the firm and the industry as a whole
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All of the following are characteristics of common stock except the:
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During a certain year, interest rates fall by 200 basis points (2%) and equity prices are flat. Discuss the effect of this on a defined benefit pension plan that is 60% invested in equities and 40% invested in bonds.
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