What Does the Average Company Spend on Production Needs

question 8

Multiple Choice

What does the average company spend on production needs?

• A) Almost 10 percent of every dollar that it earns.
• B) Almost 20 percent of every dollar that it earns.
• C) Almost 40 percent of every dollar that it earns.
• D) Almost 50 percent of every dollar that it earns.

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Definitions:

Disregard

To pay no attention or too little attention to; to ignore or overlook intentionally.

Down Payment

A portion of the purchase price paid to the seller at the time of sale.

Deposit

Money given in advance as security or part payment, indicating commitment to a purchase or agreement and may be refundable under specific conditions.

Specific Performance

A judicial remedy requiring a party to fulfill their obligations under a contract, typically used when monetary damages are inadequate.