In a Global Value Delivery Network,the Second Link Moves Company

question 88

Multiple Choice

In a global value delivery network,the second link moves company products to ________.

• A) distribution centers
• B) wholesalers
• C) market entry points
• D) points of production
• E) final buyers

Understand the relationship between the end-of-period spreadsheet and financial statement preparation steps.

Practice distinguishing account types and where they are reported on financial statements.

Analyze the implications of debit and credit balances on the financial outcome.

Prepare basic components of financial statements: income statement, statement of owner's equity, and balance sheet.

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Definitions:

Return on Equity

A profitability ratio that highlights the level of profit a company achieves with the capital invested by shareholders.

Financial Statements

Comprehensive reports created to communicate an organization's financial performance, financial position, and cash flows over a specific period.

Days' Sales

This is a measure of a company’s operational efficiency, indicating how many days it takes for a company to turn its inventory into sales.