The Choice of Which Markets to Enter Should Be Driven

question 87

True/False

The choice of which markets to enter should be driven by an assessment of relative long-run growth and profit potential.

---

Definitions:

Credits

Accounting entries that increase liabilities or equity accounts, or decrease asset or expense accounts, recorded on the right side of a ledger.

Accounts

Records that summarize and classify all financial transactions of a business, including assets, liabilities, equity, revenue, and expenses.

Debt Ratio

A ratio indicating a company’s leverage by comparing its total debt to its total assets.

Financial Condition

A description of an entity's financial status, assessing its ability to remain solvent and meet its obligations, based on its assets, liabilities, and equity.