Activity Models Are Analagous to Which of the Following

question 35

Multiple Choice

Activity models are analagous to which of the following?

• A)The prototype for a new car model.
• B)A blueprint.
• C)The instructions in a recipe.
• D)A car's steering system.

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Definitions:

Gross Margin

Revenue less cost where cost is spending closely associated with production. Stated in dollars or as a percent of revenue. A fundamental measure of a business’s strength.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenues.

Dividends

Monetary distributions from a company to its shareholders, often based on the profits of the business.

Net Income

Net income is the total profit of a company after all expenses and taxes have been deducted from total revenues.