Drop Shippers

question 36

Multiple Choice

Drop shippers:

• A)take title to but not physical possession of goods.
• B)do not take title to or physical possession of goods.
• C)take title to and physical possession of goods.
• D)do not take title to but do take physical possession of goods.

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Definitions:

Total Percentage Return

A financial metric that measures the total return of an investment, expressed as a percentage, including all dividends and capital gains.

Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits, which can be issued in various forms such as cash payments or further shares.

Geometric Average Rate

The average rate of return that accounts for compounding over a specified time period.

Stock

A type of investment that represents ownership in a corporation, giving the holder a claim on part of the corporation's assets and profits.