A Reason for Increased Popularity of Online Shopping Would Be

question 9

Multiple Choice

A reason for increased popularity of online shopping would be:

• A)Wider selection
• B)Better Prices
• C)Ability to shop at any time
• D)All of the above

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Definitions:

Liquidity

A measure of how quickly and easily an asset or security can be converted into cash without significantly affecting its market price.

Profitability

A measure of the efficiency and effectiveness with which a company or business generates profit from its operations.

Non-Interest-Bearing Note

A promissory note that does not accrue interest over time, meaning the borrower only repays the principal amount.

Note Payable

A written promise to pay a specified amount of money, usually with interest, at a future date, classified as a liability on the balance sheet.