Match the Terms with the Descriptions Provided

question 102

Multiple Choice

Match the terms with the descriptions provided.
-Term referring to transportation costs paid by the seller.

• A)Average days to sell inventory
• B)Gross margin
• C)Gross profit ratio
• D)Inventory turnover ratio
• E)Freight-in
• F)Freight-out

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Definitions:

Nanoplankton

Extremely minute (<10 μm in length) algae that are major producers in the ocean because of their great abundance; part of phytoplankton.

Dinoflagellates

A group of single-celled organisms found in marine and freshwater environments, known for their role in red tides and bioluminescence.

Symbiotic

A close and often long-term interaction between two different biological species, which may be beneficial, harmful, or neutral to the parties involved.

Zooxanthellae

Endosymbiotic, photosynthetic dinoflagellates found in certain marine invertebrates; their mutualistic relationship with corals enhances the corals’ reef-building ability.