USbusinesses Have Little Influence Over the Behavior of Businesses from Other

question 7

True/False

U.S.businesses have little influence over the behavior of businesses from other countries.
American businesses are demanding socially responsible behavior of their international suppliers.

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Definitions:

Payroll

The total amount of wages, salaries, and other earnings that a business pays to its employees.

Liquidity Ratios

Financial ratios used to measure a firm’s ability to meet its short-term obligations to creditors as they come due.

Short-term Obligations

Financial liabilities that are due within one year, typically including accounts payable, short-term loans, and other debts.

Creditors

Individuals or institutions that lend money or extend credit to others and are owed repayment in the future.