Which of the Following Is the Best Example of a B2B

question 219

Multiple Choice

Which of the following is the best example of a B2B market transaction?

• A) A college student buys dorm furniture from an on-campus store.
• B) A group of teenage girls buy new clothes for the upcoming school year.
• C) A high school coach borrows sports equipment from a neighbouring school.
• D) A dentist provides free toothbrushes to patients.
• E) A chain of ice cream parlours regularly purchases napkins from the same supplier.

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Definitions:

Owner's Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of the shareholders.

Drawings

Withdrawals of cash or other assets from a business by the owner for personal use, affecting the equity of the business.

Total Revenues

The overall financial income stemming from the commercial sale of goods or services integral to a business's main operations.

Accounting Equation

The foundational equation in accounting that states assets equal liabilities plus owner's equity.