Which Group Consumes One-Fifth of the World's Energy,while Only Making

question 32

Multiple Choice

Which group consumes one-fifth of the world's energy,while only making up one-twentieth of Earth's population?

• A) Americans
• B) Chinese
• C) Indians
• D) Europeans
• E) Russians

---

Definitions:

Cost of Merchandise Sold

The direct costs attributable to the production of the goods sold by a company.

Invoice Terms

The conditions stipulated on an invoice, including payment due date, discount opportunities for early payment, and penalties for late payment.

n/30

Payment terms indicating the net amount is due in full within 30 days.

Estimated Returns Inventory

A current asset that is reported on the balance sheet after inventory.