At Sips and Chips, a Local Cybercafé, a Financial Manager

question 13

Multiple Choice

At Sips and Chips, a local cybercafé, a financial manager has calculated the debt-to-equity ratio and discovered it is equal to one. What does this indicate about Sips and Chips?

• A) It is relying exclusively on debt financing to meet its long-term financing needs.
• B) It is relying on equal amounts of debt and equity financing.
• C) It has an equal amount of current assets and current liabilities.
• D) It is at risk of being unable to pay its short-term debts when they come due.

Understand the economic and social costs of unemployment.

Recognize how government statements about employment need to be interpreted in context.

Calculate the size of the labor force and its components.

Recognize the implications of being classified in different employment statuses.

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Definitions:

Personality Changes

Alterations in an individual's character, mannerisms, or behavioral patterns, often due to development, experiences, or psychological conditions.

Life Span

The term for the maximum duration of life of a species or for the length of an individual's life from birth to death.

Cognitive Abilities

Include the mental capabilities for processing information, learning, reasoning, problem-solving, and decision making.

Old Age

A stage in the human lifecycle characterized by the advanced years of life, often defined as the period after retirement or those over the age of 65.