1. Chiellini Company has a current ratio = 1.6, and a quick ratio equal to 1.2. The company has $3 million in sales and its current liabilities are $990,000. The company has $10,000,000 of retained earnings. What is the company’s inventory turnover ratio?
2. What are the benefits of a long-term perspective on value creation? For companies? For the economy?
3. What is the relationship between the stock market and the real economy in terms of measures such as gross domestic product (GDP), inflation, and interest rates?