The Number of Product Lines That Are Offered by a Firm

question 52

Multiple Choice

The number of product lines that are offered by a firm is its _____ mix.

• A) product
• B) clustering
• C) assortment
• D) marketing

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Definitions:

Accounts Receivable

Monetary amounts owed to a company by its customers for goods or services provided on credit.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.

Fiscal Year

A twelve-month period used for accounting purposes and preparing financial statements, not necessarily aligning with the calendar year.

Indirect Method

A way to present the cash flow from operating activities by starting with net income and adjusting for changes in balance sheet items.