Standard Industry Classifications, How are you doing compared to others?

Write 2 paragraphs per each of the followin" rel="nofollow">ing subject below: Subject 1 - Standard Industry Classifications, How are you doin" rel="nofollow">ing compared to others? Standard Industry Classification codes (SIC) are used for fin" rel="nofollow">inancial statement “benchmarks” analysis. Your company’s fin" rel="nofollow">inancial results would need to be compared to others. SICs provide the format to compare a particular company’s fin" rel="nofollow">inancial data to their respective SIC-in" rel="nofollow">industry averages. Explain" rel="nofollow">in how you would use SIC codes to analyze a Company Xs Accounts Receivable Turnover of four times per year versus a SIC rate of eight times per year. Subject 2 - Monitorin" rel="nofollow">ing the Cost of Money: Interest Rates Interest rates, the cost of money, in" rel="nofollow">influence most all factors related to personal and corporate capital budgetin" rel="nofollow">ing. The more obvious personal in" rel="nofollow">information for the cost of money is the rates associated with a mortgage or car loan. As a CFO you would “shop” in" rel="nofollow">interest rates to fin" rel="nofollow">ind the best rate for your fin" rel="nofollow">inancin" rel="nofollow">ing needs. • Would you, as the CFO, fin" rel="nofollow">inance your projects as soon as possible if cost of capital was expected to drop? Please explain" rel="nofollow">in. • More importantly where do you fin" rel="nofollow">ind the in" rel="nofollow">information to analyze expected changes in" rel="nofollow">in in" rel="nofollow">interest rates?