The Utility of a Product or Service Is Its

question 12

Multiple Choice

The utility of a product or service is its:

• A) want-satisfying power.
• B) reusability.
• C) function as a commodity.
• D) design quality.

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Definitions:

Dividend Per Share

The amount of dividend a company pays out for each share of its stock.

Net Income

The profit of a company after all expenses and taxes have been deducted from revenue, indicating its financial performance.

Shares Outstanding

The total number of a company's shares that are currently owned by shareholders, including those held by institutional investors and restricted shares owned by the company’s officers and insiders.

Days Sales Outstanding

A calculation used by a company to estimate the average number of days it takes to collect payments after a sale has been made.