A factor used to evaluate business risk in the Fitch Navigator for Eastman Chemical is: a....
A factor used to evaluate business risk in the Fitch Navigator for Eastman Chemical is:
a. R&D Productivity
b. Total Adjusted Debt/Operating EBITDAR
c. Raw Material & Energy Cost
d. All of these
Homework Answers
Answer is "b".
As per the Press Release dated Oct 2,2019, Key point to be highlighted is "Fitch expects Eastman to reach its target of total-debt-to-EBITDA at or below 2.5x by the end of 2020".
Hence by this, one can say that "Total Adjusted Debt/Operating EBITDAR" is the factor used to evaluate business risk in the Fitch Navigator for Eastman Chemical.
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A factor used to evaluate business risk in the Fitch
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a....
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