Which of the Following Best Explains the Increase in Trading

question 68

Multiple Choice

Which of the following best explains the increase in trading activity in recent years?

• A) growing emphasis on hedge funds
• B) availability of more global currencies
• C) demands for immediate money access
• D) advances in communication technology

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Definitions:

Gross Profit Ratio

A financial metric that measures the proportion of money left over from revenues after accounting for the cost of goods sold.

Ending Inventory

The total value of all inventory, including raw materials, work-in-progress, and finished goods, that a business has at the end of an accounting period.

FOB Shipping Point

FOB Shipping Point, or Free On Board Shipping Point, means that the buyer takes responsibility for shipping costs and liability once the goods leave the seller's premises.

Year-End Inventory

The total value of a company's inventory at the end of its fiscal year.