An Example of a Yield Ratio Is the Proportion of Applicants

question 91

True/False

An example of a yield ratio is the proportion of applicants who accept an offer compared to the number of applicants who were interviewed at a job fair.

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Definitions:

Collateral

Assets pledged by a borrower to secure a loan or other credit, which can be seized by the lender if the borrower fails to pay.

Purchase-Money Security Interest

A legal claim or lien on property that secures payment of the price or an obligation incurred for the property's purchase.

Consumer Good

A good used or bought for use primarily for personal, family, or household purposes.

Financial Statement

A formal record of the financial activities and position of a business, individual, or other entity, typically detailing income, assets, liabilities, and equity at a specific point in time.