The Traditional View Regarding Population and Growth in DVCs Is

question 16

Multiple Choice

The traditional view regarding population and growth in DVCs is that

• A)the most important factor affecting population growth in DVCs is per capita consumption of energy.
• B)unemployment and underemployment are the major sources of population growth in DVCs.
• C)reduced birth rates must come first in DVCs, and then higher per capita incomes will follow.
• D)higher per capita incomes must come first in DVCs, and then reduced birth rates will follow.

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Definitions:

Average Sale Period

This measure indicates the average duration it takes for a company to turn its inventory into sales.

Operating Cycle

The duration of time from the acquisition of inventory to the collection of cash from receivables, reflecting the company's efficiency in using its assets.

Times Interest Earned

A financial ratio that measures a company's ability to cover its interest charges with its earnings before interest and taxes (EBIT).

Debt-To-Equity Ratio

A calculation to determine a firm's financial leverage by dividing the total amount of its liabilities by the equity of its shareholders.