In the United States, Most Scientists Who Research and Develop

question 199

Multiple Choice

In the United States, most scientists who research and develop new products work for:

• A) private firms.
• B) the U.S. government.
• C) public universities.
• D) private universities.

---

Definitions:

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life uniformly.

After-Tax Discount

The reduction or deduction from the gross amount on which tax has already been calculated and deducted.

Working Capital

The gap between a firm's current assets and its current liabilities, signifying the available liquidity for operating its business activities.

Incremental Sales

The additional revenue generated from an increase in sales activities or volume above a baseline level.