Property Crime Has Declined Steadily Since 1980

question 67

Multiple Choice

Property crime has declined steadily since 1980.Most observers agree that a major reason for this is:

• A) a steady decline in the amount of personal property most people own.
• B) a reduction in the number of young people throughout the country.
• C) the decriminalization of marijuana in some areas.
• D) better policing.

---

Definitions:

Net Present Value

The difference between the present value of cash inflows and outflows over a period of time; used in capital budgeting to analyze the profitability of a projected investment or project.

Foreign Currency

Foreign Currency denotes any currency other than the home currency of a country, used in international trade and investment.

Receivables Balance

The total amount of money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers for goods or services sold on credit.