A large office supply company sells many of its consumer products over the Internet. This is known as e-commerce.
Trading the consumer products over internet is the current trend these days. This way is known as e-commerce.
What is E-commerce?
- E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet.
- These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
- E-business and e-commerce are frequently used interchangeably. The transactional procedures that make up online retail shopping are also occasionally referred to as e-tail.
- The widespread use of e-commerce sites like Amazon and eBay over the past 20 years has significantly boosted the growth of online retail. According to the U.S., e-commerce made up 5% of all retail sales in 2011.
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Answer:
When doing time trend analysis for financial ratios we can know how a company's ratio's have changed over time or if they have remained the same, so for example if a company's current ratio was less than 1 a year ago and is 3 now it means that the company was not very liquid a year ago but since then has made changes because of which it is liquid now, so we can see how a company has performed over a certain period of time.
On the other hand peer group analysis tells us how a company is performing compared to other companies in the same industry. For example if our cement company has a profit margin of 7% but the industry average is 15% we know that our company is doing something wrong or different as compared to the industry and we can look into it.
Explanation:
Answer:
The correct answer is letter "A": true.
Explanation:
Companies using the process costing approach accumulate and assign costs to mass production of a good. Instead, job order costing assigns costs of manufacturing to individual units of production. In process costing, the costs are reported from one department involved in manufacturing to another following the production process. On the other hand, in job order costing, the costs are reported in job cost cards as they are being used.
Answer:
utilitarian perspective
Explanation:
In simple words, utilitarian approach refers to a method for making decisions in case of ethical dilemmas. Under this approach, the decision making authority makes judgement by focusing on the greater good, that is, making judgement that benefits the most of the individuals and harm the least.
This theory states that every party's interest should be taken into consideration equally as every related individual to the judgement is capable of suffering . However this approach is used when it is not possible to benefit all the stakeholders equally.
Answer:
$31,920,341.91
Explanation:
The computation is shown below:
For computing the receiving amount in 2052 first we have to determine the rate which is shown below:
Current value = Initial value × (1 + interest rate)^time period
$1,480,000 = $115 × (1 + interest rate)^114
So, after solving this, the interest rate is 8.654%
Now the received amount in 2052 is
= $1,480,000 × (1 + 0.8654%)^37
= $31,920,341.91
The time period is come from
= 2015 - 1901
= 114
And, the 37 years is come from
= 2052 - 2015
= 37
