How Can People Who Are Laid Off from Work Due

question 80

Multiple Choice

How can people who are laid off from work due to a recession eventually turn into structurally unemployed people?

• A) by failing to file for unemployment benefits
• B) by becoming discouraged workers
• C) by staying unemployed so long that their skills become outdated
• D) by receiving food stamps

---

Definitions:

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its customers by comparing net credit sales to average accounts receivable.

Net Credit Sales

The total revenue from sales made on credit, minus returns and allowances, over a specific period.

Accounts Receivable

A financial record representing the money owed to a company by its customers for goods or services delivered on credit.

Profitability Ratio

A category of financial metrics used to assess a business's ability to generate earnings relative to its revenue, assets, equity, or other financial aspects.