Given Below Are Three Ratios Calculated for Lantana,Tera,and Bake Companies

question 59

Essay

Given below are three ratios calculated for Lantana,Tera,and Bake Companies for 2018 and 2017.
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$\begin{array}{|ll|l|l|l|} \hline\text { (in } \text { millions) }&& \text { Hall } & \text { Link } & \text { Dollar } \\\hline \text { Current ratio }&\text { December 31,2018 } & 2.8 \text { to } 1 & 2.3 \text { to } 1 & 1.8 \text { to } 1 \\&\text { December 31,2017 } & 2.0 \text { to } 1 & 1.5 \text { to } 1 & 2.2 \text { to } 1 \\\hline \text { Inventory turnover ratio }&\text { December 31,2018 } & 6.9 \text { times } & 5.8 \text { times } & 8.0 \text { times } \\&\text { December 31,2017 } & 7.6 \text { times } & 5.8 \text { times } & 9.6 \text { times } \\\hline \text { Acid-test ratio }&\text { December } 31,2018 & 2.5 \text { to } 1 & 2.1 \text { to } 1 & 0.5 \text { to } 1 \\&\text { December } 31,2017 & 1.0 \text { to } 1 & 1.4 \text { to } 1 & 1.2 \text { to } 1 \\\hline\end{array}$ A) Which company has the best inventory management? Explain.
B) Which company has the best short-term financial heal th? Explain.

Understand the interactional and socially constructed nature of race and ethnicity.

Recognize the effects of racial and ethnic identities on personal experiences and social relationships.

Identify the impact of systemic inequities, including the placement of communities near toxic waste and the administration of justice.

Understand strategies for increasing diversity and the challenges associated with them.

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Definitions:

Pitch

A presentation or proposal made to potential customers, investors, partners, or collaborators, aiming to persuade or inform about a product, service, or idea.

SMILE and SCRATCH Test

A mnemonic used by entrepreneurs to evaluate the strengths and weaknesses of their business ideas based on specific criteria.

Promotional Materials

Various forms of media, printed or digital, designed to market or advertise a product, service, or event to a target audience.

Product Name

The title given to a product by the company that manufactures or sells it, which helps to identify and distinguish the product in the market.