If Baby Boomers Are Predictors of Where Product and Service

question 27

Multiple Choice

If baby boomers are predictors of where product and service demand will be,increased demands will most likely be evident in ________ in the upcoming years.

• A)university enrollment
• B)beer and wine
• C)health care
• D)the apparel industry
• E)the automobile industry

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Definitions:

Return On Assets

A financial metric that measures how efficiently a company's management is using its assets to generate earnings.

GAAP

Acronym for Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction.

Operating Leases

Operating leases are lease agreements that allow for the use of an asset but do not grant ownership rights of the asset to the lessee.

Note Disclosure

A detailed explanation added to financial statements providing additional context or information about the statements.