With solvency ratio equity increased higher than total assets With number of

With solvency ratio equity increased higher than

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With solvency ratio equity increased higher than total assets. With number of times interest was eared was due to the fact of that their interest expense increased more then their net income. With their EBDIA margin their purchases of assets was higher then the current asset depreciation and amortization. With regards to return on equity the net income was higher in 2008 which lead to the decrease in the ratio.
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LESSONS LEARNED Dominant Market Share- Carnival Corporation is twice as large as its biggest competitor and this gives Carnival a tremendous power over many of its competitors in its industry. Operational Experience and Excellence- Carnival has achieved average costs and above-average revenue historically. With this operational experience Carnival is able to segment its customers more efficiently than its competitors. Substitutes and Diversification- Considering that a cruise is a vacation for most customers, the cruise line industry faces a significant threat of substitution from other types of vacations. By catering to guests in selected states and countries, whom do not wish to go on a cruise but instead an all-inclusive resort, Carnival was able to reduce a significant loss of guests due to substitution by diversifying into hotels.
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QUESTIONS
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