Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

controller and CEO CEO and Treasurer controller and Treasurer It is not the CFO\

ID: 2734378 • Letter: C

Question

       controller and CEO
       CEO and Treasurer
       controller and Treasurer
       It is not the CFO's job to distribute this responsibility. It is the prerogative of the Board of Directors.

       $55,380
       $2,760
       $13,380
       $12,000

       Profitability ratios
       market value ratios
       Liquidity ratios
       Financial leverage management ratios
       None of the above

       it is not possible for it to be paying dividends also
       its market to book ratio has to be at least 2.0
       its EAT/Sales ratio is positive
       its return on stockholders' equity is negative

The CFO normally distributes the financial responsibilities between: (Points : 3)

Explanation / Answer

Answer 1 The CFO normally distributes the financial responsibilities between controller and Treasurer Answer 2 EBIT = Revenue - Total operating cost including depreciation and cost of goods sold = $82000 - $68620 = $13380 Answer 3 Which of these ratios indicate the firm’s ability to use its assets to an increase in sales - None of the above Answer 4 If a firm's price to earnings (P/E) ratio is 10,its market to book ratio has to be at least 2.0