Examlex

Solved

Money Is a Factor of Production Because It Is Part

question 86

True/False

Money is a factor of production because it is part of capital.


Definitions:

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers.

Current Ratio

A financial metric assessing a firm's capacity to settle debts due within a year by comparing its current assets to its current liabilities.

Vertical Analysis

The presentation of a company’s financial statements in common-size form.

Horizontal Analysis

A side-by-side comparison of two or more years’ financial statements.

Related Questions