An Individual with a Ph

question 9

Multiple Choice

An individual with a Ph.D.in physics,who can find employment only in a pizza parlor,would be considered as

• A)a discouraged worker
• B)underemployed
• C)overemployed
• D)unemployed
• E)not in the labor force

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

Net Sales

The revenues from a company's primary activities after deducting returns, allowances, and discounts.

Working Capital Ratio

A financial metric measuring a company's ability to cover its short-term liabilities with its short-term assets.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.