Of Minority Groups in the United States,________ Own the Most

question 5

Multiple Choice

Of minority groups in the United States,________ own the most small businesses.

• A) Asians
• B) African Americans
• C) American Indians
• D) Hispanics
• E) Pacific Islanders

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Definitions:

Vertical Analysis

A financial analysis method that lists each line item as a percentage of a base figure within the same financial statement.

Base Amount

The initial sum of money used as a reference point or starting figure for calculations, adjustments, or comparisons.

Net Sales

The amount of revenue generated from goods or services sold after deducting returns, allowances for damaged or missing goods, and discounts.

Days In Inventory

A financial ratio that indicates the average number of days a company holds inventory before selling it.