Which of the Following Statements About Manufacturers Is True

question 31

Multiple Choice

Which of the following statements about manufacturers is true?

• A)Industrial customers are concentrated in countries that are at the more advanced stages of economic development.
• B)Manufacturing output in the U.S.is shrinking.
• C)Countries with cheap labor have a slow rate of growth.
• D)Many factories are concentrated in rural areas of the United States.
• E)Currently,U.S.manufacturing output is at its lowest point since 1980.

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Definitions:

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) in a balance sheet is represented as a proportion of the total account.

Income Statements

A financial report summarizing a company's revenues, expenses, and profits over a specified period.

Trends

General directions in which something is developing or changing, often identified through the analysis of data over periods of time.

Vertical Analysis

A method in financial statement analysis where each entry for each of the three major categories of accounts (assets, liabilities, and equities) in a balance sheet is represented as a proportion of the total account.