1.Indicate if the following statements are correct or incorrect

Service firms most likely have short cash conversion cycles. (incorrect or correct)

Threat of new entrants is high if the industry has strong patent protection (incorrect or correct)

In an industry, the threat of substitutes is low if there is poor brand loyalty (incorrect or correct)

EV / Sales is a commonly used valuation multiple to value retail companies (incorrect or correct)

2.An analyst gathers the following data from a firm's latest annual financial statement:

Sales: $5250

Net income (Profit after tax): $258

Assets: $15000

Debt: $8000

The analyst notes the following additional information:

Price to Book Value ratio (P/BV): 3

Number of shares outstanding: 2613

Based on this information, what is the firm's current market share price (per share)?

What is the answer?

Thank you! I will thumb up, please answer all these questions.