Also Called a _________, a Metropolitan Statistical Area Includes at Least

question 2

Multiple Choice

Also called a _________, a Metropolitan Statistical Area includes at least one "core" urban area of at least 50,000 people and any adjacent outlying counties "that have a high degree of social and economic integration (as measured by commuting to work) with the urban core."

• A)metroplex
• B)metro area
• C)metropolis
• D)Met-stat
• E)None of the above

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Definitions:

Retained Earnings

The portion of net income that is retained by a corporation rather than distributed to its shareholders as dividends.

Indirect Planning

The process of setting broader goals and strategies that indirectly guide actions and decisions without specific, detailed plans.

Interest Rates

The fee, shown as a percentage of the principal amount, that a lender imposes on a borrower for the usage of its assets.

Collection Period

The average number of days it takes for a company to receive payment after a sale has been made, indicative of the efficiency of its credit and collection policies.