Critical Thinking Questions Case 2-1 You Are Planning a New

question 34

Multiple Choice

Critical Thinking Questions Case 2-1 You are planning a new small business Web site and are considering the images that you want to add to pages at the site. You discuss your plans with two of your classmates, Jim and Steve. You also discuss the importance of images at your site with Jim and Steve. After the discussion, you decide to ____.

• A) add as many images as you can find, because most site visitors prefer images to text
• B) select a few relevant images that help convey your site's message
• C) take a class on creating a neat company logo using a graphics design program
• D) forego adding images, the text is what is most important to visitors

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Definitions:

Ending Inventory

The value of goods available for sale or use at the end of an accounting period.

Net Realizable Value

The projected sales price of products subtracted by the cost associated with their sale or disposal.

Merchandise

Goods that are bought and sold by businesses; also refers to the commodities or products available for sale in retail or wholesale.

Total Value

The entire worth of an asset, portfolio, or company, factoring in all components of value.