The anticipated survival chance for companies in Arts and Entertainment drops precipitously to 45% under a 4-mo crisis, and 35% if the disaster lasts 6 mo. The anticipated chance of being open for Personal Services firms falls to 19% if the disaster lasts 6 mo. This figure displays the frequency of solutions to a question about the chance of being open in December 2020. Responses are plotted based on whether or not the firm has greater than the median variety of months of cash readily available given their pre-COVID expenses. This figure plots firms’ months of cash available as a multiple of January 2020 bills. We compute this measure by taking the midpoint of categorical responses for the amount of cash available and dividing by the midpoint of the specific response for typical monthly bills prior to the disaster. 5 exhibits a histogram of cash available as a multiple of January 31, 2020 monthly expenses.
The articles on this website are thought-about “breaking news” (very current/recent). Each article is written specifically for ESL learners and has key vocabulary phrases with definitions and numerous kinds of reading comprehension exercises. While some of the articles aren’t current, you can still learn lots …Read more