________ Would Appear on an Income Statement of Both a Retailer

question 125

Multiple Choice

________ would appear on an income statement of both a retailer and a manufacturer.

• A)Direct materials used
• B)Ending balance in finished goods inventory
• C)Selling expenses
• D)Ending balance in merchandise inventory

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Definitions:

Involuntary Muscle

Muscle that contracts without conscious control, found in the walls of internal organs such as the stomach, heart, and intestines.

Skeletal

Relating to the skeleton, the internal framework composed of bones that supports and protects the body.

Skeletal Muscle

Muscle tissue that is attached to the bones and is responsible for voluntary movements.

Smooth Muscle

A type of muscle tissue which is not under conscious control, found in the walls of internal organs such as the stomach and intestines.