An Employment Advisor Tells You to Ask Remote Acquaintances as Well

question 100

Multiple Choice

An employment advisor tells you to ask remote acquaintances as well as close friends for job leads and contacts. Consulting both groups lets you cast a wider net. What kind of pattern of social relations is this advice exemplifying?

• A) macrostructure
• B) infrastructure
• C) global structure
• D) microstructure

Calculate and interpret the rate of return on investments.

Recognize the effect of compounding frequency on present and future values.

Compare and contrast annuity due and ordinary annuity.

Apply formulas to calculate the present and future values of business investments.

---

Definitions:

Inventory Turnover

A financial metric indicating how many times a company has sold and replaced its inventory over a specific period.

Quick Ratio

Current assets less inventories divided by current liabilities. A financial ratio that measures a firm’s liquidity, the ability to pay its bills in the short run, without depending on converting inventory into cash. Also called the Acid Test.

Current Ratio

The Current Ratio is a financial metric used to evaluate a company's ability to pay its short-term liabilities with its short-term assets, indicating liquidity.

Prepaid Items

Expenses paid in advance for goods or services to be received in the future.