In an Attempt to Reduce the Poverty Rate, There Has

question 168

Multiple Choice

In an attempt to reduce the poverty rate, there has recently been a movement away from income maintenance programs to

• A) Supplemental Security Income programs.
• B) reducing the age a person can retire at.
• C) encouraging people to get jobs.
• D) incorporating the Lorenz policy in decisions.

---

Definitions:

Debt-Equity Ratio

A ratio indicating a firm's financial leverage, determined by dividing its total debts by its shareholder equity.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its customers by dividing total net credit sales by the average accounts receivable.

Net Working Capital

This is a measure of a company's liquidity, calculated as the difference between its current assets and current liabilities.

Current Assets

Assets that are expected to be converted into cash, sold, or used up within one year or within the normal operating cycle of the business, whichever is longer.