The Following Technology Matrix Describes the Relationship of Certain Industries

question 146

Multiple Choice

The following technology matrix describes the relationship of certain industries within the economy to each other. (A&F, agriculture and food; RM, raw materials; M, manufacturing; F, fuels industry; U, utilities; SI, service industries) ​ ​
Which industry is least dependent on its own goods?
​

• A) raw materials
• B) manufacturing
• C) fules
• D) utilites
• E) service

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Definitions:

Retained Earnings

The portion of net profits not distributed as dividends but retained by the company to be reinvested in its core business or to pay debt.

Acquisition Differential

The difference between the purchase price of an acquired company and the net value of its identifiable assets and liabilities.

Equity Method

An accounting approach where an investor's share of investee profits or losses is reported in the investor's financial statements.

Acquisition Differential

The difference between the cost of acquiring an entity and the sum of the fair value of identifiable net assets acquired.