During the Period from 2000 to Today the Labor Force

question 20

Multiple Choice

During the period from 2000 to today the Labor Force Participation Rate

• A)Increased due largely to women entering the labor force
• B)Remained remarkably constant
• C)Increased due largely to teens entering the labor force
• D)Fell.

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Definitions:

Days' Sales

A financial ratio that measures the average number of days a company takes to convert its inventory into sales.

Inventory Turnover

A financial metric measuring the rate at which a company sells and replaces its stock of goods during a particular period.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material and labor expenses.

Merchandise Inventory

The total value of goods held by a company for the purpose of resale during the normal course of business operations.