Good Business Practice Extends to _____________ Not Just of the Organization

question 116

Short Answer

Good business practice extends to _____________ not just of the organization, but of the environment and community at large.

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Definitions:

Financial Leverage

Leveraging financing to heighten the potential outcomes of an investment.

Current Ratio

A metric that assesses an organization's capability to cover its current liabilities with its existing assets.

Short-Term Bank Loan

A loan obtained from a bank that has a maturity of one year or less.

Accounts Payable

Money owed by a company to its creditors for products or services that have been delivered or used but not yet paid for.