Which of the Following Business Is Most Likely to Buy

question 20

Multiple Choice

Which of the following business is most likely to buy outdoor advertising?

• A)a local Ford car dealership
• B)3M Company
• C)Carnation Company
• D)Quaker Oatmeal
• E)RubberMaid

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Definitions:

Sales Budget

A sales budget estimates the expected sales revenue for a certain period, projecting quantities sold and revenues earned.

Depreciation

The accounting process of allocating the cost of a tangible asset over its useful life.

Merchandise Inventory

Goods that a retailer, wholesaler, or distributor holds for the purpose of resale.

Monthly Depreciation

The allocation of an asset's cost over its useful life on a monthly basis, reflecting its consumption or wear and tear.