Which of the Following Statements Regarding When and Where Online

question 107

Multiple Choice

Which of the following statements regarding when and where online consumers shop and buy is most accurate?

• A) Twenty percent of online sales occur Monday through Friday.
• B) The busiest shopping day is Wednesday.
• C) Favorite websites for workday shopping and buying include those featuring health and beauty items, and apparel and accessories.
• D) Some 20 percent of consumers say they visit websites from work.
• E) Most people buy online when they are depressed.

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Definitions:

Receivables Turnover

A financial ratio that measures how effectively a company collects its accounts receivable, calculated by dividing total sales by average accounts receivable.

Inventory Turnover

A measure of how frequently a company sells and replaces its stock of goods during a period, offering insight into sales efficiency and inventory management.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Earnings Before Interest

An indicator of a company's profitability calculated by subtracting all expenses except interest from revenues, commonly referred to as EBIT.