The Alliance for Progress and Similar Programs Have Had the Most

question 34

Multiple Choice

The Alliance for Progress and similar programs have had the most success in Latin America in the area of

• A) lowering population rates.
• B) improving crop yields.
• C) improving the environment.
• D) establishing better communications networks.
• E) laying rail lines.

---

Definitions:

Return On Assets Ratio

A financial metric that measures the profitability of a company relative to its total assets, indicating how efficiently a company uses its assets to generate profits.

Receivables Turnover Ratio

A financial metric used to measure how efficiently a company collects cash from its credit sales by dividing net credit sales by average accounts receivable.

Credit Sales

Sales made by a business that allow the buyer to pay at a later date, typically recorded as accounts receivable.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material and labor expenses.