LTL Carriers Must Make the Same Type of Equipment Decisions

question 31

Multiple Choice

LTL carriers must make the same type of equipment decisions as TL along with deciding:

• A) what commodities to haul
• B) where to deploy this equipment
• C) line haul versus PUD
• D) what color to paint the trucks

---

Definitions:

Stock Splits

Corporate actions that increase the number of shares outstanding, reducing the price per share but not changing the company's overall market capitalization.

Stock Dividends

Distribution of additional shares of the company's stock to shareholders instead of cash dividends.

Retained Earnings

The cumulative amount of net income left over for a company after it has paid out dividends to its shareholders, often reinvested into the company.

Prior Period Adjustments

Corrections of errors in financial statements of previous periods or adjustments for changes in accounting policies, presented in the current period's equity section.