What Happens with the Emigration of Young Adults from a Community

question 57

Multiple Choice

What happens with the emigration of young adults from a community?

• A) closure of schools
• B) shrink in tax base
• C) rise in local businesses
• D) assistance for elders

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Definitions:

Gross Margin Ratio

A financial ratio that measures a company's financial health, calculated by subtracting the cost of goods sold from net sales and dividing by net sales.

Sales Revenue

The total amount of money received by a company from sales of goods or services before any expenses are subtracted.

Cost of Goods Sold

Expenses specifically related to producing the merchandise a company markets.

Acid-test Ratio

A financial metric that measures a company's ability to pay off its current liabilities with its quick or liquid assets.