Indicate if the following statements are correct or incorrect.

Group of answer choices

Service firms most likely have short cash conversion cycles.

[ Choose ] Correct Incorrect

Threat of new entrants is high if the industry has strong patent protection.

[ Choose ] Correct Incorrect

In an industry, the threat of substitutes is low if there is poor brand loyalty.

[ Choose ] Correct Incorrect

EV / Sales is a commonly used valuation multiple to value retail companies.

[ Choose ] Correct Incorrect

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