In the USThe Largest Percentage of Goods Is Shipped by Truck

question 132

True/False

In the U.S.the largest percentage of goods is shipped by truck.

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Definitions:

Investing Activities

Transactions that involve the purchase or sale of long-term assets and investment securities that are not considered cash equivalents.

Financing Activities

Transactions with creditors and investors affecting the equity and/or long-term liability aspects of a business's balance sheet.

Direct Method

A cash flow statement preparation approach where actual cash inflows and outflows from operating activities are listed directly.

Inventory

Raw materials, work-in-process products, and finished goods that are considered to be the part of a business's assets that are ready or will be ready for sale.