In Terms of Total Sales, What Is the Dominant Form

question 73

Multiple Choice

In terms of total sales, what is the dominant form of business firm in the Canadian economy?  

• A) corporations 
• B) sole proprietorships 
• C) partnerships 
• D) nonprofit organizations

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Definitions:

Returns

Returns refer to the profit or loss generated on an investment over a specified period of time.

Cost Of Debt

The effective rate that a company pays on its current debt, which can include bonds, loans, and other forms of debt; it's a crucial component in the calculation of the company’s cost of capital.

Debt Ratio

A financial ratio that measures the extent of a company’s leverage, calculated by dividing total liabilities by total assets.

Total Debt

The sum of all liabilities, both short and long term, that a company owes.