Explain what similarities and differences you see in the product and/or brand between the two countriesNovember 28, 2020
Analysis of your interview experience.November 28, 2020
Last year Conklin, Inc. had a total assets turnover of 1.33 and an equity multiplier of 1.75. Its sales were $295,000 and its net income was $10,600. The CFO believes that the company could have operated more efficiently, lowered its costs, and increased its net income by $10,250 without changing its sales, assets, or capital structure.
- Had it cut costs and increased its net income by $10,250, how much would the ROE have changed?
- If increasing sales or improving margins is not possible how can the firm improve its ROE? What are the pros and cons of this approach?