Which of the Following Has Most Contributed to Cuban Success

question 16

Multiple Choice

Which of the following has most contributed to Cuban success in the U.S.?

• A)The favorable government policy towards Cubans
• B)An enclave subeconomy in New York City
• C)The economic restructuring in Southern urban areas
• D)The influence of the Cuban political system on work ethics

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Definitions:

Liabilities

Financial debts or obligations that arise during the course of business operations, owed by a company to another entity.

Accounts Receivable

Funds that customers are yet to pay to a company for products or services already provided.

Credit Sales

Sales made by a business where payment is delayed, allowing the buyer to purchase goods or services on credit.

Direct Method

A way of reporting cash flows from operating activities that lists major categories of gross cash receipts and gross cash payments.