Which of the Following Factors Would Not Affect an Industry's

question 87

Multiple Choice

Which of the following factors would not affect an industry's life cycle?

• A)Economic growth
• B)Availability of resources
• C)Competition
• D)Expansion into global markets

---

Definitions:

Net Operating Loss Carryforward

A tax provision that allows a company to utilize a taxable loss in one period to offset taxable profits in future periods.

Consolidated Financial Statements

Financial statements that combine the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries.

Tax Rate

The rate at which taxes are levied on an individual or a corporation's income.

Consolidated Tax Returns

A single tax return filed by a parent company and its subsidiaries as one taxpayer to IRS, consolidating their tax liabilities.