Globalization Is Likely to Increase Due To

question 53

Multiple Choice

Globalization is likely to increase due to:

• A) technological change in communication
• B) income growth in world economies
• C) both A and B
• D) neither A nor B

Solve problems involving the calculation of time, distance, and rates in direct and inverse proportionality contexts.

Apply proportionality concepts to compute cost and demand scenarios in business applications.

Determine the relationship between variables given a verbal description of their direct or inverse variation.

Translate verbal statements into mathematical equations involving direct and inverse proportions.

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Definitions:

Net Operating Income

The profit generated from a company's normal business operations after subtracting all operating expenses.

Net Income Before Taxes

The total earnings of a company before tax expenses have been deducted.

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its current income.

Interest Expense

The cost incurred by an entity for borrowed funds.