Sustainable Development Is Economic Development Designed to Sustain Today's Current

question 17

True/False

Sustainable development is economic development designed to sustain today's current population, often at the expense of the ability of future generation to meet their development needs.

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Definitions:

Liabilities

Measurable obligations resulting from a past transaction; they are expected to be settled in the future by transferring assets or providing services.

Return On Assets

A profitability ratio that indicates how efficiently a company uses its assets to produce profit, calculated by dividing net income by total assets.

Net Profit Margin

A financial performance metric that shows the percentage of sales that has turned into profits, calculated by dividing net profit by revenue.