A Recent Survey of Online Shoppers Asked Them to Indicate

question 13

Multiple Choice

A recent survey of online shoppers asked them to indicate the primary reason they shop via the Internet. The table summarizes responses by reason and gender. What
Percent of respondents who cited Greater Selection as the primary reason they shop
Online were females? $$\begin{array} { | l | l | l | } \hline \text { Reason for Shopping Online } & \text { Male } & \text { Female } \\\hline \text { Convenience } & 249 & 90 \\\hline \text { Better Prices } & 110 & 99 \\\hline \text { Greater Selection } & 41 & 211 \\\hline\end{array}$$

• A) 53%
• B) 27%
• C) 50%
• D) 84%
• E) 42%

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Definitions:

Inventory

The complete list of goods and materials that a business holds, either for sale or as part of its supply chain.

Accounting Equation

The fundamental principle of accounting represented as Assets = Liabilities + Shareholder's Equity, ensuring that a company's balance sheet is balanced.

Accounts Payable-HST

Liabilities owed by a business for goods and services that have been received but not yet paid for, specifically relating to Harmonized Sales Tax (HST) payables.

Income Statement

A financial statement that shows a company's revenues and expenses over a specified period, ending with net income or loss.