Industries That Are Extremely Sensitive to the Business Cycle Are

question 28

Multiple Choice

Industries that are extremely sensitive to the business cycle are the

• A)durable goods and service sectors.
• B)nondurable goods and service sectors.
• C)capital goods and nondurable goods sectors.
• D)capital goods and durable goods sectors.

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Definitions:

Financial Statement Ratios

Analytical tools used to evaluate relationships between financial statement items, aiding in assessing a company's performance and financial health.

Loan Default

The failure to meet the legal obligations or conditions of a loan, typically when a borrower is unable to make the required payments.

Credit-worthiness

An evaluation of the ability of an individual or entity to fulfill financial obligations based on their credit history and financial health.

Debt-service Requirements

The amount of money needed to cover the payment of interest and principal on a debt for a particular period.