Services Have Four Distinctive Characteristics, One of These Five Being

question 111

True/False

Services have four distinctive characteristics, one of these five being "pure service."

---

Definitions:

Debt-Equity Ratio

A measure showing the relative contributions of debt and shareholders' equity in a company’s asset financing.

Retained Earnings

The portion of net earnings not paid out as dividends but retained by the company to be reinvested in its core business or to pay debt.

Market Price

The market price is the current price at which an asset or service can be bought or sold in a marketplace.