What Is a Market

question 220

Multiple Choice

What is a market?

• A) a group of demanders and suppliers of a particular good or service
• B) a group of people with common desires
• C) a place where only sellers meet
• D) a place where only buyers come together

---

Definitions:

Increase In Net Income

An upward movement in a company’s earnings after all expenses and taxes have been subtracted from total revenue.

Horizontal Analysis

An analytical technique in financial statement analysis where figures of line items are compared across multiple periods to identify trends and growth patterns.

Current Assets

Current Assets are all assets of a company that are expected to be sold, consumed, or converted into cash within one year or within the operating cycle of a business.

Long-Term Liabilities

Obligations expected to be paid more than one year in the future.