Which of the Following Is a Characteristic of a Manufacturing

question 68

Multiple Choice

Which of the following is a characteristic of a manufacturing economy?

• A)It is concerned with the indigenous production of food,clothing,and furniture.
• B)It is devoted to producing goods and services rather than producing agricultural products.
• C)It is characterized by the development of the road and railways.
• D)It is significant for the development of factories along the railways to manufacture farm equipment.
• E)It is particularly important for enabling farmers to send their surplus crops and goods all over the nation for barter or for sale.

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Definitions:

Year 2

Typically refers to the second year in a designated time frame, often used in financial and performance analysis.

Times Interest Earned Ratio

A financial metric that measures a company’s ability to meet its interest obligations based on its current earnings before interest and taxes.

Equity Multiplier

A financial leverage ratio that measures the portion of a company’s assets that are financed by its shareholders' equity.

Debt-to-Equity Ratio

A gauge of a firm's financial risk, determined by dividing its overall debts by the equity of its shareholders.