The following are summary financial data of the three most recent years for Birch company:
Using the data above compute the following ratios for 2013 and 2012:
Definitions:
Side Discussions
Informal or unofficial conversations that occur alongside formal negotiations or meetings, often used to resolve issues in a less formal setting.
Collective Bargaining Agreements
Legal contracts between employers and a body of employees (often a union) that outline wages, hours, and conditions of employment.
Legally Binding
A term, agreement, or contract that is legally binding is one that is enforceable by law, meaning parties must adhere to the terms laid out or face legal consequences.
Public Sector Unions
Labor organizations that represent employees working in government agencies and services, advocating for their members' rights, benefits, and conditions of employment.
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