Use the Internet to research a company that has an excellent culture and or reward an incentive system. What are this company’s main financial and nonfinancial benefits?
What are the benefits and advantages of using financial ratios to assess a company’s current situation and future prospects?
The company is Google.
Google is best known company who offered attractive pays to its employees. Main finanancial benefits offered by Google includes flex spending accounts, no-cost health and dental benefits, insurance, 401K plans, vacation packages and tuition reimbursements. Non-financial benefit includes Fun is regular aspect of work, wild office design, vacation off, flexibility in time, continuous improvement when someone perform well, people can heard your voice and innovation is inherent in the work culture of Google.
Finnacial retios show the financial health of the company and in nutshell it reflect how a company is performing finnacially.It also helps to forecast the future prosepects of the company and how will be the cash flow, debtor ratio and ROI to the company.
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