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A Cruise Line Has the Option of Locating Its Dock

question 34

Multiple Choice

A cruise line has the option of locating its dock in Miami or Pensacola because both cities have adequate port facilities. Which of the following considerations would seem to be the most germane?


Definitions:

Total Debt

Total Debt represents the aggregate amount of both short-term and long-term financial obligations owed by an individual, company, or other entity.

Long Term Debt

Borrowings of a company or government that are due to be repaid over a period longer than one year.

Capital Structure

The mix of debt and equity financing used by a company to fund its operations and growth.

Return on Equity Ratio

A financial ratio that measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.

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