_____ Refers to the Number of Similar Businesses or Business

question 68

Short Answer

_____ refers to the number of similar businesses or business activities at the same level of the value chain.

---

Definitions:

Net Income

Net income is the total profit of a company after all expenses and taxes have been deducted from total revenue.

Retained Earnings

Profits that a company keeps after dividends have been paid out, which may be used for investment or to pay off debt.

Retention Ratio

The proportion of net income that is retained rather than distributed to shareholders as dividends.

Selling And Administrative Expenses

Operating expenses related to selling products and managing the business, not directly tied to production.