In USIndustry,the Proportion of Externally Purchased Materials in the Overall Cost

question 33

Short Answer

In U.S.industry,the proportion of externally purchased materials in the overall cost of goods sold has been ______ for several decades.

---

Definitions:

Combined Equivalent Value

The total value derived from combining several financial instruments or calculations to understand their overall effect.

Payment Stream

A sequence of payments made over a period of time as per the terms of a financial agreement.

Payable Today

The total amount that is due and needs to be paid immediately or on the current date.

Short-Term Interest Rate

The interest rate charged on loans or realized on investments over a short period, typically less than a year.