Standard Industry Classification Codes Sic Are Used For Financial Statement Benc

Standard Industry Classification codes (SIC) are used for financial statement “benchmarks” analysis. Your company’s financial results would need to be compared to others. SICs provide the format to compare a particular company’s financial data to their respective SIC-industry averages.

Explain how you would use SIC codes to analyze Company X’s Accounts Receivable Turnover of four times given the fact that the SIC rate for companies in Company X’s industry is eight times per year. Discuss the agenda you might set should you be asked to set a plan to improve Company X’s Accounts Receivable Turnover rate.

Get Your Custom Essay Written From Scratch
We have worked on a similar problem. If you need help click order now button and submit your assignment instructions.
Just from $13/Page
Place an Order

Needs help with similar assignment?

We are available 24x7 to deliver the best services and assignment ready within 3-4 hours? Order a custom-written, plagiarism-free paper

Order Over WhatsApp Place an Order Online

"Do you have an upcoming essay or assignment due?


Get any topic done in as little as 6 hours

If yes Order Similar Paper

All of our assignments are originally produced, unique, and free of plagiarism.

Get Assignment Writing Help

Our experts are ready to complete your assignment, course work. essay, test, dissertation, research paper, quiz

Get Started

Stuck with a Question?

Get it solved from our top experts within 8 hrs!

Ask Your Question Now!

"Are you looking for a similar assignment? if yes, we are ready to help"

Order New Solution

You will get 100% plagiarism free and professional written paper.