E-Tailing,the Ability to Shop 24 Hours a Day Is Expected

question 174

Multiple Choice

E-tailing,the ability to shop 24 hours a day is expected to reach global sales of ________ by 2015.

• A)$10 billion
• B)$20 billion
• C)$30 billion
• D)$40 billion

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Definitions:

Current Ratio

A financial metric that assesses a firm's capacity to meet its short-term liabilities, which are due within a year, by dividing its current assets by its current liabilities.

Financial Information

Data regarding the financial status or performance of an entity, including income statements, balance sheets, and cash flow statements.

Balance Sheet

A financial delineation of a business's assets, owing, and the portion of equity held by its shareholders, at a distinct point.

Days' Sales In Receivables

A financial ratio that measures the average number of days it takes a company to collect payment after making a sale.