The Current Percentage of the Total Work Force Represented by Unions

question 53

Multiple Choice

The current percentage of the total work force represented by unions is approximately

• A)35%.
• B)25%.
• C)11%.
• D)5%.

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Definitions:

Total Sales

The aggregate revenue a company generates from the sale of goods or services before any expenses are subtracted.

Current Ratio

Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations by comparing current assets to current liabilities.

Accounts Receivable

Funds that are to be paid to a business by its customers for the provision of goods or services that have already been delivered or used, but have not been paid for.

Equity Multiplier

A financial ratio that measures the proportion of a company’s assets that are financed by stockholders' equity, indicating the level of debt financing.