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In the annual report of the Unknown company (it will be revealed later in class), it talks about the companys Business Model and Strategy on

In the annual report of the Unknown company (it will be revealed later in class), it talks about the companys Business Model and Strategy on pages 9 and 10. Which of the following is NOT one of the companys strengths?

A. Profits are driven by volume and service fees and not affected by the underlying marine fuel price.

B. The companys ROE has been 12% annually over the last 3 years

C. The companys longstanding customer relationships

D. The company mitigates marine fuel price risk through hedging and insurance.

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