Examlex

Solved

Which of the Following Terms Describes a Change in the Supply

question 26

Multiple Choice

Which of the following terms describes a change in the supply chain where the provider and consumer interact directly with each other to eliminate the need for an intermediary?


Definitions:

Total Assets

The sum of all resources owned by a company, valued in terms of the financial benefits they bring, and listed on the balance sheet.

Total Liabilities

The sum of all financial obligations a company owes to outside parties, including debts and other financial commitments.

Return on Total Assets

A financial ratio that measures a company's ability to generate net income from its total assets, indicating efficiency in asset use.

Total Assets

The sum of all resources owned by a company, valued and reported on the balance sheet, representing the total wealth of the company.

Related Questions