In general, low times interest earned ratio and fixed-payment coverage ratio are associated with a high degree of financial leverage
Indicate whether the statement is true or false
TRUE
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Avoid using ____________ to replace interpretive captions
a. technical data b. short titles c. foreign words d. humorous captions
The Burdell Wheel and Tire Company has completed a total cost analysis for two suppliers of tires to support their business. They also consider delivery speed, consistent quality and volume flexibility in their selection process
Each criterion is given a weight (total = 100 points), and each supplier is scored on each criterion (1 = poor, 10 = excellent). The data are shown in the following table. CRITERION WEIGHT LEXINGTON TIRE IRMO AUTO Total Cost 20 5 6 Delivery Speed 25 6 5 Consistent Quality 25 8 6 Environmental Sensitivity 30 4 7 Using the preference matrix approach for selecting suppliers, which supplier should Burdell select?