Distributor Is

question 56

Multiple Choice

Distributor is

• A)an imprecise term for intermediaries that perform a variety of distribution functions,including selling,maintaining inventories,extending credit,and so on.
• B)the term for an intermediary that sells only to manufacturers.
• C)the term for an intermediary that takes possession of a product,alters it in some way,and then sells it to the ultimate consumer.
• D)the term for an intermediary that sells only to consumers.
• E)the term for an intermediary that sells only to other intermediaries.

---

Definitions:

Cash Payback Period

The duration required for an investment to generate cash flows sufficient to recover the initial cost of the investment.

Salvage Value

The estimated residual value of an asset after its useful life has ended and it can no longer be used for productive purposes.

Net Cash Inflows

The difference between all cash receipts and all cash payments within a particular period, reflecting the net increase in cash available.

Straight-Line

A depreciation method that allocates an equal amount of the depreciable cost of an asset to each accounting period of its useful life.