The Most Comprehensive Source of Information on Export Opportunities for U.S.firms

question 32

Multiple Choice

The most comprehensive source of information on export opportunities for U.S.firms is the

• A)Small Business Administration.
• B)Department of Commerce.
• C)Federal Trade Commission.
• D)Bureau of Competition.
• E)Bank of New York.

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Definitions:

Retained Earnings

Retained earnings refer to the portion of net income that is kept by a company to reinvest in its business or pay down debt, instead of being distributed to shareholders as dividends.

Dividends

Disbursements issued by a company to its stockholders, typically sourced from the enterprise's earnings.

FOB Destination

A shipping term indicating the seller is responsible for the goods until they reach the buyer's specified location.

FOB Shipping Point

A term used in shipping contracts to indicate that the buyer is responsible for the cost and risk of shipping as soon as the goods leave the seller's premise.