Natural Resources Are

question 84

Multiple Choice

Natural resources are:

• A) more important determinants of productivity today than ever before.
• B) the reason behind the fast development of countries like Japan.
• C) the reason behind the slow development of countries like Nigeria.
• D) less reliable indicators of productivity today than they were a century ago.

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Definitions:

Current Ratio

A financial metric that assesses a firm's capacity to meet its short-term liabilities, which are due within a year, by dividing its current assets by its current liabilities.

Financial Information

Data regarding the financial status or performance of an entity, including income statements, balance sheets, and cash flow statements.

Balance Sheet

A financial delineation of a business's assets, owing, and the portion of equity held by its shareholders, at a distinct point.

Days' Sales In Receivables

A financial ratio that measures the average number of days it takes a company to collect payment after making a sale.