An Example of a Highly Cyclical Industry Is ________

question 58

Multiple Choice

An example of a highly cyclical industry is ________.

• A)the automobile industry
• B)the tobacco industry
• C)the food industry
• D)A and B
• E)B and C

---

Definitions:

NWC to Total Assets

A financial ratio that measures the net working capital (current assets minus current liabilities) in relation to the total assets of a company.

Interval Measure

A type of data measurement that includes order and a fixed measurement scale, allowing for the calculation of meaningful differences between data points.

Interval Measure

A statistical measure used to estimate the uncertainty of a data set by defining a range within which the values of the data set likely fall.

Short-term Solvency

The ability of a company to meet its short-term financial liabilities and obligations.