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Given the following information,calculate the debt ratio percentage: Liabilities = $24,500
Liquid assets = $4,900
Monthly credit payments = $800
Monthly savings = $760
Net worth = $72,500
Current liabilities = $1,600
Take-home pay = $2,300
Gross income = $3,500
Monthly expenses = $-2,040
Globalization
The process of increased interconnectedness among countries, primarily in economics, politics, and culture, due to advances in communication and transportation.
International Trade
The exchange of goods, services, and capital between countries, driven by a desire for economic benefit and efficiency.
Economic Changes
Refers to shifts in the structure, performance, or organization of an economy, including changes in market conditions, regulatory environments, and the distribution of wealth and resources.
CSR
Corporate Social Responsibility; a business model in which companies integrate social and environmental concerns in their operations and interactions with stakeholders.
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