Which of the Following Statements Is Not True About the Automobile

question 61

Multiple Choice

Which of the following statements is not true about the automobile, and automobile parts and accessories, online retail category?

• A) Most of the revenue in this category is generated from the sales of automobiles.
• B) Automobile manufacturers use the Internet to deliver branding advertising.
• C) U.S. franchising law prohibits automobile manufacturers from selling cars directly to consumers.
• D) Automobile retailing is dominated by dealership networks.

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Definitions:

Net Income

Net income is the total earnings of a company after all expenses and taxes have been subtracted from total revenue, indicating the company's profitability.

Common Size Analysis

A financial analysis technique that expresses each line item on a financial statement as a percentage of a base figure to allow for comparison.

Financial Statement

A written record detailing the financial activities and condition of a business, including balance sheet, income statement, and cash flow statement.

Base Amount

A reference value or level in financial calculations, often serving as a benchmark for comparing financial performance or changes.