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5. Why can a hotel or restaurant operate with a lower current ratio than other types of businesses? 8. Define the term Profitability 10. Why
5. Why can a hotel or restaurant operate with a lower current ratio than other types of businesses? | ||||||
8. Define the term Profitability | ||||||
10. Why can asset book values be misleading when used in the Total Assets:Total Liabilities ratio? | ||||||
14. Discuss the purpose of the quick ratio | ||||||
17. Discuss the term financial leverage or trading on the equity. | ||||||
18. List four possible operating ratios that could be used for food operations | ||||||
19. List and discuss three operating ratios that could be used for rooms operations | ||||||
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