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Read the Following Paragraph and Add Transitions to Connect Ideas

question 42

Essay

Read the following paragraph and add transitions to connect ideas and sentences:
The world is getting smaller every day.Most people use electronic gadgets for communication.Distances between countries are shrinking daily.Travel is easier than ever before.Road and rail transit is too slow for modern travelers.Air travel is quick and easy.Cultural and social boundaries are blurring.Ideas,languages,and popular culture spread across the globe almost instantly.National cultures are making way for a unified global culture.Technology has played a major part in globalization.


Definitions:

Current Ratio

A liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Financial Crisis

A situation characterized by a significant decline in the value of financial institutions or assets, leading to a loss of confidence and potentially economic downturns.

Fair Value Accounting

A method of accounting that measures and reports certain assets and liabilities at their estimated market values at the time of the financial statement.

Mark-to-Market

An accounting method that values assets and liabilities based on current market prices.

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