All of the Following Statements About Amazon Are True Except

question 13

Multiple Choice

All of the following statements about Amazon are true except:

• A)Amazon showed a profit in 2014.
• B)Amazon Web Services is now a major part of Amazon's business.
• C)eBay can be considered a competitor of Amazon's.
• D)Amazon continues to generate revenue primarily by selling products.

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Definitions:

Default Risk

The risk that a borrower will not make the required payments on its debt obligations.

Common-Size Financial Statements

These are financial documents where all line items are expressed as a percentage of a specific figure from the statement, facilitating ratio analysis and comparability.

Base Number

A reference point or initial value used in calculations to compare other numbers or for indexing purposes.

Fixed Asset Sales

The disposal of long-term assets owned by a company, such as property, plant, and equipment, usually due to obsolescence, necessity, or acquiring funds.