Which of the Following Is an Example of an Ultimate

question 142

Multiple Choice

Which of the following is an example of an ultimate consumer?

• A) a newspaper reporter who buys a plane ticket to Washington, D.C. to cover the presidential inauguration
• B) a school teacher who bought a ticket to the Summer Olympics opening ceremonies
• C) an office receptionist who renews the magazines that are found in the office waiting room
• D) a retailer who buys poster board to make signs for an upcoming store sale
• E) a landscaping firm employee who buys a new wheelbarrow to use to haul mulch

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Definitions:

Acquiring Asset

This term involves obtaining control of another company's asset through purchase or merger, enhancing the buyer's resources and capabilities.

Rate Of Return

A financial metric used to measure the amount of return on an investment relative to the investment's cost.

Total Assets

The sum of all current and non-current assets owned by a company, showing the total value of what a company owns or controls.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.