A Study of 66 Countries Found That a Societal-Level Correlate

question 49

Multiple Choice

A study of 66 countries found that a societal-level correlate to an increased likelihood of divorce was

• A) increased female labor force participation in the countries early stages of industrialization.
• B) the level of socioeconomic development in the countries early stages of industrialization.
• C) a late average age at marriage for women.
• D) a low sex ratio.

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Definitions:

Cash Management

The process of collecting, managing, and investing a company's cash flow in an efficient and profitable manner.

Profitability Ratios

Financial metrics used to assess a business's ability to generate profit relative to its revenue, operating costs, or shareholders' equity over time.

Cost Ratio

A financial metric that compares two cost-related factors against each other, often used to measure the efficiency or profitability of an operation.

Times Interest Earned Ratio

A financial metric used to measure a company's ability to meet its debt obligations, calculated as earnings before interest and taxes (EBIT) divided by interest expenses.