For several years, Flame Corporation has had a current ratio that was consistent with other companies in its industry. For the most recent year, Flame's current ratio was significantly higher than that for the industry. What is the best possible explanation for this situation?
a. The other companies in the industry were not as profitable.
b. Flame's liquidity has improved or is not leveraging financial resources effectively.
c. Flame has less property, plant and equipment than other companies.
d. Flame has too much debt.
b
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Benetton uses the slogan "United Colors of Benetton" to position itself as a brand concerned with the unity of humankind. This type of strategy is referred to as GCCP (global consumer culture positioning)
Indicate whether the statement is true or false
Which of the following would not be an example of the use of a multiple when valuing common equity?
a. Price-to-operating cash flow b. Price-to-book. c. Price-to-earnings. d. Multiperiod discounted earnings models.
The horse decides that a small system of trails would be perfect for connecting his points of interest, the Grass, Barn, Hay and Pond along with the Oak. What is the minimal total path length for this construction project?
A) 295' B) 290' C) 280' D) 270'
What does the text state is another appropriate name for a service encounter?
Fill in the blank(s) with the appropriate word(s).