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Small Business Owner Barry Shain Has Always Paid All of His

question 63

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Small business owner Barry Shain has always paid all of his current bills on time. However, this year he has more bills coming due than normal. Which type of ratio would help him evaluate whether he is likely to have enough cash to continue meeting his obligations over the next year?


Definitions:

Per Capita Income

The average income earned per person in a specific area or country, calculated by dividing the area's total income by its total population.

Income Growth

An increase in the amount of money received from work, investment, or other sources, over time, contributing to economic expansion or personal wealth.

World's Population

The total number of people currently living on Earth.

World's Output

The total production of goods and services by all countries and economies worldwide over a specified period of time.

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