54 695
Assignments Done
98,2%
Successfully Done
In November 2017
Your physics homework can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Our experts will gladly share their knowledge and help you with programming homework. Keep up with the world’s newest programming trends.

Answer on Finance Question for Anne

Question #2471
I am trying to understand what a financial ratio shows.

It's the ratio "Interest cost as a percentage of sales = interest expense/sales"

Can you explain what this shows for a company.

Thank you
Expert's answer
Financial ratios identify the financial strengths and weaknesses of the company.
Interest cost as a percentage of sales is a profitability ratio that shows a
company's overall efficiency and performance. Interest cost as a percentage of
sales depends on interest rates and net revenues of companies. Interest Expense
ratio reflects the costs of a company's borrowings. Sometimes companies record a
net figure here for interest expense and interest income from invested funds.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question