Which Term Refers to Generically Different Classes of Goods That

question 9

Multiple Choice

Which term refers to generically different classes of goods that constitute the breadth of product lines?

• A) variety
• B) depth
• C) assortment
• D) complexity
• E) intensity

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Definitions:

Stockholders’ Equity

The ownership claim of shareholders on total assets. It is to a corporation what owner’s equity is to a proprietorship.

Cumulative Preferred Stock

A type of preferred stock that entitles shareholders to receive dividend arrearages in full before any dividends can be issued on other shares.

Par Value

The nominal or face value of a stock or bond, as stated by the issuing company.

Dividends Received

Earnings distributed to shareholders from the investments in other companies.