The strategy that utilized low price to discourage competition rerpesents a: Penetration strategy
Penetration strategy is a form of business tactics that is taken to aggressively increase the market share of company's product. Most common medium that company uses to do this is through promotions and heavy advertisings
Answer:
The current ratio, the debt to assets ratio, and free cash flow for March 31, 2017 is 0.8 : 1, 90.20%, $26,000 respectively.
Explanation:
Current ratio = Current assets ÷ current liabilities
= $234,000 ÷ $292,500
= 0.8 : 1
Debt ratio = Total liabilities ÷ Total assets
= $369,600 ÷ $440,000
= 90.20%
Free cash flow = Net cash provided by operating activities - dividend paid - capital expenditure
= $64,000 - $12,000 - $26,000
= $26,000