Table 45 Consider the Table Above Showing Three Stages of of Production

question 258

Multiple Choice

Table 4.5 Consider the table above showing three stages of production of an automobile.
-Refer to Table 4.5.The value added by the automobile dealer equals

• A)$7,000.
• B)$10,000
• C)$15,000.
• D)$18,000.
• E)$25,000.

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Definitions:

Legal Requirements

Regulations and laws that an entity must follow in its operations, often varying by industry, region, and other factors.

Large Businesses

Companies that typically operate on a large scale with significant asset values, large number of employees, and high volume of sales and production.

Corporations

Legal entities that are separate and distinct from their owners, with the ability to own assets, incur liabilities, and engage in business activities.

Partnership

A legal form of business operation between two or more individuals who share management and profits.