The Merging of Different Companies, Cultures, and Technologies Is a Mark

question 17

True/False

The merging of different companies, cultures, and technologies is a mark of globalization often called convergence.

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Definitions:

Working Capital Ratio

A liquidity ratio that measures a company's ability to pay off its current liabilities with its current assets.

Acid-test Ratio

The acid-test ratio, also known as the quick ratio, measures a company's ability to pay its current liabilities without needing to sell inventory.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.

Current Liabilities

Current liabilities are financial obligations a company is due to pay within one year, including accounts payable, short-term debts, and other similar liabilities.