Which of the Following Statements Is CORRECT

question 2

Multiple Choice

Which of the following statements is CORRECT?

• A) If a firm increases its sales and cost of goods sold while holding its inventories constant, then, other things held constant, its inventory turnover ratio will decrease.
• B) A reduction in inventories held would have no effect on the current ratio.
• C) An increase in inventories would have no effect on the current ratio.
• D) If a firm increases its sales and cost of goods sold while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase.
• E) A reduction in the inventory turnover ratio will generally lead to an increase in the ROE.

Understand the theory of Social Darwinism and its influence.

Analyze social and economic aspects of the marriage market and consumer behavior.

Comprehend the transition from agricultural to industrial society and its effects on workforce demographics.

Examine the role and conditions of child labor in the industrial era.

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Definitions:

Exploitation Competition

Intraspecific competition in which all the individuals in a population “share” the limited resource equally so that at high population densities none of them obtains an adequate amount. Also called scramble competition. Compare with interference competition.

Oscillate

To move or swing back and forth at a regular speed, or to vary between opposing beliefs, feelings, or theories.

Density-dependent Factor

A factor whose effects on the size or growth of the population vary with the population density, such as disease or food supply.

Population Size

The number of individuals belonging to a specific species that live in a designated area.