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A Cross-Industry Analysis of Financial Ratios: Comparabilities and Corporate Performance.


A Cross-Industry Analysis of Financial Ratios: Comparabilities and Corporate Performance, by J. Edward Edward

killed his father at his mother’s instigation. [Br. Balladry: Edward in Benét, 302]

See : Patricide
 Ketz, Rajib K. Doogar and David E. Jensen, Quorum A majority of an entire body; e.g., a quorum of a legislative assembly.

A quorum is the minimum number of people who must be present to pass a law, make a judgment, or conduct business.
 Books, 88 Post Road West, Box 5007, Westport, Connecticut Westport is a coastal town in Fairfield County, Connecticut, in the United States. The 2004 population estimate was 26,644.

The town is as affluent as other expensive Fairfield County towns, boasting a per capita income of more than $70,000.
 06881, 1990, 218 pp., $49.95.

This academic study was designed to compare industry schemes for classifying financial ratios. The authors look at data for seven different industries over a 10-year period. They attempt to reduce the number of variables encountered when using factor analysis and develop classification patterns for individual industries and for the economy as a whole.

The results of the study provide useful information about the relationship between different ratios within each of the industries studied (autos and aerospace, rubber, chemicals, oil, food, steel and textiles), as well as the interrelationship in·ter·re·late  
tr. & intr.v. in·ter·re·lat·ed, in·ter·re·lat·ing, in·ter·re·lates
To place in or come into mutual relationship.



in
 of ratios for the economy as a whole. Academics who do research in this area and practitioners who specialize spe·cial·ize
v.
1. To limit one's profession to a particular specialty or subject area for study, research, or treatment.

2. To adapt to a particular function or environment.
 in any of the industries studied may want to acquire this book.
COPYRIGHT 1991 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Author:Fogg, Stephen L.
Publication:Journal of Accountancy
Article Type:Book Review
Date:Jun 1, 1991
Words:156
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