Description
Please answer the following questions FROM CASE READING AND EXCEL SHEET:
- What are the key similarities and differences in the business models of Signet, Tiffany, and Blue Nile? How are these factors reflected in their financial ratios? An Excel copy of the ratios is enclosed on Canvas in the spreadsheet “Signet Exhibits and Ratios.”
- Which of the three companies is performing better? Why?
- How do you assess the performance of Signet’s in-house financing program?
- Do you think Signet should continue to offer an in-house financing program? What are the risks involved?
- Do you agree with Cohode’s critique of Signet’s bad debt expense policy?