Due to Containerization

question 83

Multiple Choice

Due to containerization:

• A)low cost air travel has grown exponentially over the past decade.
• B)moving goods from one mode of transport to another has become labor-intensive.
• C)the costs of shipping goods over long distances have significantly decreased.
• D)the globalization of markets and production has slowed down.

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Definitions:

Days' Sales in Receivables

A financial metric that estimates the average number of days it takes a company to collect payments after a sale has been made.

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity, typically comprising the balance sheet, income statement, and cash flow statement.

Trend Indication

An analysis or estimate aimed at predicting the future direction of something, often based on past and present data.

Partial Balance Sheet

A financial statement that shows a portion of a company’s assets, liabilities, and equity at a specific point in time, rather than the complete picture.