Payments Are an Integral Part of Doing Business in Both

question 55

True/False

Payments are an integral part of doing business in both traditional and online business.Traditional payment systems are effective for e-commerce,especially for B2B.

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the ownership interest of shareholders.

Current Assets

Short-term assets that are expected to be converted into cash, sold, or consumed within one year or a business cycle, whichever is longer.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available to run its operations.

Current Ratio

A liquidity ratio that measures a company’s ability to pay short-term obligations with its current assets.