The Index of Structural Reform in Latin America in 2009

question 20

Multiple Choice

The index of structural reform in Latin America in 2009 was:

• A) 0.27
• B) 0.38.
• C) 0.65.
• D) 0.79.
• E) 0.92.

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within a company's operating cycle, whichever is longer.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects debts from its customers.

Acid-Test Ratio

A stringent indicator that measures a company's ability to cover its short-term liabilities with its most liquid assets, excluding inventory.

Current Ratio

A liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.