SCENARIO 17-2 the Treemap Below Shows the Amounts (Size)measured in Billions of Billions

question 31

True/False

SCENARIO 17-2
The treemap below shows the amounts (size)measured in billions of US dollars and percentage changes from prior year (color)of business-to-consumer ecommerce sales last year for North America,Asia Pacific,Western Europe,Central & Eastern Europe,Latin America,and Middle East & Africa.

-Referring to Scenario 17-2,the Asia Pacific region has the largest amount of business-to-consumer ecommerce sales last year.

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Definitions:

Variable Costs

Expenses that change in proportion to the activity of a business, such as production volume or sales.

Market Value

The current price at which an asset or service can be bought or sold in a marketplace.

Book Value

The net value of a company's assets minus its liabilities, often used to determine the value of a company's shares.

Operating Assets

Resources employed in a business's regular activities for income generation, such as money, stock, and machinery.