Today Many Companies Are Not Trying to Seek an Immediate

question 76

Multiple Choice

Today many companies are not trying to seek an immediate sale,but rather to build a ________ supplier-customer relationship.

• A) potential
• B) long-term
• C) transactional
• D) short-term
• E) mutually beneficial

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Definitions:

Pretax Net Income

The amount of income that a company has earned before any taxes have been deducted.

CVP Analysis

Cost-Volume-Profit Analysis, a financial tool used to determine how changes in cost and volume affect a company's operating income and net income.

Pre-Tax Net Income

The income earned by a business before the deduction of tax expenses.

Variable Costs

Expenses that change in proportion to the activity of a business, such as the cost of raw materials.