Which of the Following Is Not Considered to Be One

question 59

Multiple Choice

Which of the following is not considered to be one of the three major forms of business ownership in the United States?

• A) proprietorship
• B) partnership
• C) public limited company
• D) corporation

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Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of its inventory management.

COGS

Cost of Goods Sold; the direct costs attributable to the production of the goods sold in a company.

Investing Activities

Refers to the portion of a company's cash flow statement that reflects the amount of money spent on or generated from investments in long-term assets, such as property, plant, equipment, or securities.

Free Cash Flow

A measure of financial performance calculated as operating cash flow minus capital expenditures, reflecting the amount of cash a company can generate after maintaining or expanding its asset base.