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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 average debt to equity ratio for companies in the financial services industry?

The average debt to equity ratio for companies in the financial services industry is typically around 2:1, meaning they have twice as much debt as equity.


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 considered a highly compensated employee?

A highly compensated employee is someone who earns a salary that is significantly higher than the average salary within a company or 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


Is there a beaty requirement for models?

They have to be more attractive than average.


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.


What is average dollar margin?

Average dollar margin refers to the average profit earned per unit sold, calculated by subtracting the cost of goods sold (COGS) from the selling price. It provides insight into the profitability of a company's products or services. Businesses use this metric to assess pricing strategies and operational efficiency. A higher average dollar margin indicates better profitability for each sale.


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 the average bike wheel size commonly used in the cycling industry?

The average bike wheel size commonly used in the cycling industry is 27.5 inches.