Intermediaries Make the Selling of Goods More Efficient By

question 50

Multiple Choice

Intermediaries make the selling of goods more efficient by:

• A)maximizing the number of contacts necessary between producer and consumer.
• B)identifying target markets.
• C)minimizing the number of sales contacts between producer and consumer.
• D)reducing manufacturing costs.

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Definitions:

Return-On-Equity Ratio

A financial ratio that measures a company's ability to generate profits from its shareholders' equity.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a profit or loss.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholder's equity at a specific point in time.

Investing Activities

Investing activities involve the purchase and sale of long-term assets and other investments, not considered as cash equivalents by a company.