What Company Was Recognized for Its Disclosure of Foreign Factory

question 38

Multiple Choice

What company was recognized for its disclosure of foreign factory conditions and its promise to improve?

• A) Nike
• B) Gap
• C) Wal-Mart
• D) All of the above

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Definitions:

Gross Profit Rate

A financial metric that indicates the percentage of revenue that exceeds the cost of goods sold, reflecting a company's operational efficiency.

Accounts Receivable Turnover

A financial metric indicating how many times a company collects its average accounts receivable balance in a period.

Price-earnings Ratio

A valuation metric used to measure a company's current share price relative to its per-share earnings.

Acid-test Ratio

A financial metric that assesses a company's ability to pay off its short-term liabilities with its most liquid assets, excluding inventory.