Comparing Firms Using Ratio Analysis Consider the following data for several firms from 2017 ($ millions): Average current liabilities Cash from operations Expenditures on PPE Proceeds from the sale of PPE Wal-Mart Stores, Inc. $72,725 $28,337 $10,051 $378 The Coca-Cola Company 26,863 6,995 1,675 104 Exxon Mobil Corporation 52,705 30,066 15,402 3,103 a. Compute the operating cash flow to current liabilities (OCFCL) ratio for each firm. Round answers two decimal places. b. Compute the free cash flow for each firm. c. Comment on the results of your computations.

Afirm wants to hire a project manager (pm) at a salary of $100,000. 30% of pms have high ability, and 70% of pms have low ability. high ability pms generate $120,000 in revenue and low ability pms generate $80,000 in revenue. in addition to differences in productivity, high and low ability pms have different outside offers. if a high ability pm is not hired by the firm, she can work for another company at a salary of $80,000. if the low ability pm is not hired by the firm, she can work for another company for $70,000. high ability pms are also able to get a project management professional (pmp) certification at a cost of $1,000. low ability pms are unable to get a pmp certification (they would fail the test). the firm is not able to observe a pm’s ability, but is able to observe and verify whether or not the pm has a pmp certificate.(a) draw the extensive form of the game. expert answer