Examlex
Workers in the nation of Argenia prefer managers that forcefully tell employees what to do and how to do it. Conversely, employees in the U.S. prefer to participate in decision making in the workplace. This difference between Argenia workers and U.S. workers represents a management challenge for firms trading in the global market.
Ledger
An accounting book or computer file used for recording and totaling economic transactions measured in terms of a monetary unit, by account.
Posting
The process of recording amounts as debits or credits in the accounts of a company's general ledger.
Debt Ratio
A ratio indicating a company's level of indebtedness by dividing its total liabilities by its total assets.
Financial Leverage
The use of borrowed funds to increase the potential return of an investment.
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