Mile High Frozen Foods Is a Distributor for McDonalds

question 181

Multiple Choice

Mile High Frozen Foods is a distributor for McDonalds.It also bakes the buns used by McDonalds in several states.It purchases flour,yeast,and sesame seeds,manufactures the buns,and then ships them to McDonalds' stores.Mile High Frozen Foods is operating in a(n) __________ market.

• A)consumer
• B)government
• C)industrial
• D)service
• E)reseller

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Definitions:

Sole Proprietor

An individual who owns and operates a business alone, bearing sole responsibility for its debts and liabilities.

Education Expenses

Costs associated with schooling or training, including tuition, books, and supplies, that may be eligible for tax deductions or credits.

Law School

An educational institution specializing in the study of law, preparing students to practice as attorneys.

CPA Exam

A standardized test that must be passed to become a licensed Certified Public Accountant in the United States.