Lance Tries to Make It as Easy as Possible for His

question 32

Multiple Choice

Lance tries to make it as easy as possible for his customers to buy the compact blenders he markets so he chooses a wide variety of __________.

• A) Package designs
• B) Distribution channels
• C) Internet marketplaces
• D) Apps

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Definitions:

Equipment

Tangible property used in the operation of a business, such as machinery, computers, and furniture, often subject to depreciation over its useful life.

Current Cash Distribution

Current Cash Distribution refers to the amount of cash distributed to the investors or partners of a business at the present time.

Long-term Capital Gains

Profits from the sale of an asset held for more than a year, generally taxed at lower rates than ordinary income.

Ordinary Income

Income earned from providing services or the sale of goods, typically subject to standard tax rates, as opposed to income classified as capital gains.