Grocers Purchase Pineapples from Several Different Tropical Countries

question 61

Multiple Choice

Grocers purchase pineapples from several different tropical countries.When pineapples arrive in the distribution centers across the United States,containers are reduced to amounts that are appropriate for store delivery.Once delivered to the stores,associates open the cartons and arrange the pineapples for the consumer to select.Grocers are performing what function?

• A)adaptive selling
• B)breaking bulk
• C)acclimating
• D)distribution
• E)transferring

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Definitions:

Earnings Per Share

A measure of a company's profitability calculated by dividing net income by the number of outstanding shares.

Comprehensive Income

This is a measure of all changes in equity of a company that result from recognized transactions and other economic events of the period other than those resulting from investments by and distributions to owners.

Accrual-Based Sales Revenue

Revenue recognized when earned, regardless of when the payment is received, following the accrual basis of accounting.

Ending Inventory

The worth of merchandise ready for sale when an accounting period concludes, determined by adding beginning inventory and purchases, then subtracting the cost of goods sold.