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Q: How attractive is the industry in terms of its prospects for above average profitability?
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Why did you choose finance as a career?

Financial wizards don't just have jobs that are challenging, but they are also amongst the top paid professionals in the industry. Finance is the backbone of any company and financiers are the ones that keep it running smoothly. Finance graduates have a variety of careers to choose from such as insurance, corporate finance, investment banking, financial planning, etc. According to the Department of Labor, the average annual income of financial managers was $99,330 in May 2008. Exciting job prospects, plenty of advancement opportunities, attractive remuneration are some of the reasons for choosing a career in finance.


What is the annual inventory turnover in the retail painting industry?

The annual inventory turnover in the retail painting industry is obtained by dividing the Annual Cost of Sales by the Average Inventory Level. A low inventory turnover ratio is a signal of inefficiency.


What is good debt to eqity ratio?

Good debt to equity ratio would be where your Weighted Average Cost of Capital is minimum. You can also see industry standards.


What is the average ratio of cash vs credit card payments for liquor store?

The answer largely depends on the demographics of the community in which the liquor store is located, the selection and average bill. For average bills above $20, credit cards tend to win out with a ratio of 9:1 (90%). Bills between $10 and $20 tend to be mixed more simply with a ratio of 1:1 (50%). Average purchases below $10 tend to be largely cash as liquor stores are considered high-risk to credit card companies and the fees hurt profitability for small transactions.


What is the Dow Jones Industrial Average?

The Dow Jones Industrial Average is an average of 30 companies' stock and is often used as a way to determine how the stock market is doing.However, there is criticism of whether this is an accurate representation of the overall stock market, as there are more stocks.The DOW Jones industrial average is currently sitting at 14018.70. This changes daily and stops as the market closes.The Dow Jones Industrial Average, or the Dow, is a stock market index. Along with NASDAQ, it is a highly watched company in the stock market industry.

Related questions

What are industry averages?

An industry average is the average of all data values in the same industry. The data is used to compare a products profitability and growth.


Does BMW have above industry average profitability?

Yes. The Bayerische Motoren Werke company has an above average profitability because of its superior goodwill and quality.


How can I find past years ratios for a company?

what is the industry average for the profitability ratio of the net profit margin for the NAICS code 721120.


What were 1997 average sales in the sign industry?

In the entire industry (including advertising specialties), the average sales per employee totaled $95,526. This represented a 6 percent upswing in profitability compared to 1995, when average sales per employee totaled $90,046.


Which principle affects the average profitability possible of a market segment?

Competitive Intensity


What was the average profitability to the English slave trade in the late 18th century?

5- 10 percent


Discus and describe the elements of the external environment and how they can be used to determine the average expected profitability in an industry?

external environment is environment for businesses where customers from different places will come together in other to buy a particular product. Elements of external environment may be households,firms and the government.


Is there a beaty requirement for models?

They have to be more attractive than average.


Average salary of an Enterprise Rent-a-car manager?

Pay is based upon the branch's profitability and size but it is common for a manger to make $48,000.


Why did you choose finance as a career?

Financial wizards don't just have jobs that are challenging, but they are also amongst the top paid professionals in the industry. Finance is the backbone of any company and financiers are the ones that keep it running smoothly. Finance graduates have a variety of careers to choose from such as insurance, corporate finance, investment banking, financial planning, etc. According to the Department of Labor, the average annual income of financial managers was $99,330 in May 2008. Exciting job prospects, plenty of advancement opportunities, attractive remuneration are some of the reasons for choosing a career in finance.


What is average percentage overhead cost for small business?

On average, the overhead cost for a small business typically ranges from 20%-30% of their total expenses. However, this can vary depending on the industry, business size, and location. It's important for small businesses to carefully monitor and manage their overhead costs to ensure profitability.


What is the average profit margin of the automotive industry?

5%