If the Local Index in Tegucigalpa,Honduras Is 99,what Does That

question 11

Multiple Choice

If the local index in Tegucigalpa,Honduras is 99,what does that mean?

• A) the cost of living in Tegucigalpa is 1% lower than in Washington, D.C.
• B) the cost of living in Tegucigalpa is 99% lower than in Washington, D.C.
• C) the cost of living in Tegucigalpa is 1% higher than in Washington, D.C.
• D) the cost of living in Tegucigalpa is 99% higher than in Washington, D.C.

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Definitions:

Cash Coverage Ratio

A metric that measures a company's ability to pay its interest obligations with its cash before deducting interest and taxes.

Depreciation

The systematic allocation of the depreciable amount of an asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence over time.

Days to Sell Inventory

A financial metric measuring the average number of days a company takes to sell its inventory.