In 1940, About __________ of Employed Blacks Were in White-Collar

question 20

Multiple Choice

In 1940, about __________ of employed blacks were in white-collar jobs; in the year 2000, about __________of employed blacks were in white-collar jobs.

• A)2 percent; 10 percent
• B)6 percent; 50 percent
• C)8 percent; 25 percent
• D)15 percent; 65 percent

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Definitions:

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers for goods or services sold on credit.

Liquidity

A measure of how easily assets can be converted into cash without affecting their market price.

Profitability

An indicator of how well a company is able to produce profit through its business activities.

Liquidity

A measure of how easily assets can be converted into cash or cash equivalents without significantly altering their value, essential for meeting short-term obligations.