Which of the Following Is NOT One of the Categories

question 7

Multiple Choice

Which of the following is NOT one of the categories in Bonilla-Silva's conception of the emerging tri-racial stratification system in the U.S.?

• A) Whites
• B) Honorary whites
• C) Collective black
• D) Other

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Definitions:

Working Capital

Current assets minus current liabilities, indicating the liquidity of a business and its ability to meet short-term obligations.

Current Ratio

An indicator of how well a company can fulfill its short-term financial liabilities using assets that are readily convertible to cash.

Acid-Test Ratio

A financial metric that measures a company’s ability to pay off its current liabilities with only quick assets, excluding inventory.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit customers by dividing net credit sales by the average accounts receivable.