The PATCO Strike in 1981 Is Commonly Recognized as a Turning

question 40

True/False

The PATCO strike in 1981 is commonly recognized as a turning point for labor in that it marks the start of a rise in the use of permanent strike replacements as a way to break a union.

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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.