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Because of Improvements in Communication Technology, for the First Time

question 94

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Because of improvements in communication technology, for the first time sociologists are able to calculate to a very high degree of accuracy how many homeless people there are in Canada.


Definitions:

Growth In Assets

An increase in a company's or individual's asset base over a specific period.

Current Liabilities

Obligations of a company due within one year, including accounts payable, short-term loans, and other similar debts.

Percentage Of Sales Method

An accounting technique used to forecast the future financial positions based on a set percentage of sales.

External Funds

Capital that comes from outside of a company, including debt financing and equity financing from external investors.

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