Finance homework2

33) What is the difference between B2B and B2C business models? a. B2B sells to businesses and B2B sells to consumers b. B2B sells to consumers and B2B sells to businesses c. B2B have many customers and B2C have a few high spending customers d. There is no difference between B2B and B2C business models 39) Ordinary, or regular, corporations chartered by the state and taxed by the federal government as separate legal entities are called a. S corporations b. C Corporations C. LLC Corporations d. B Corporations 34) 40) is cost related to fixed assets, such as a building or equipment, distributed over its useful life. a. Earning expenses b. Operation costs C. Depreciation d. Interest expenses is loans and mortgages with maturities greater than one year a. Long-Term Liabilities b. Short-Term Assets c. Long-Term Debt d. Long-Term Assets 41) 35) The degree to which a firm has working capital available to meet maturing debt obligations is called a. Debt coverage b. liquidity c. asset usage d. leverage relates to buying or selling of products or services over the Internet. a. Traditional selling b. Personal selling C. Retailing d. E-Commerce 36) The governing body of a corporation, elected by the stockholders to elect the firm's officers (top management), approve top management's strategic plans and policies, review top management's performance, and declare dividends is the a. Employees Associations b. Unions C. Stockholders d. Board of directors 42) A report that shows the profit or loss from a firm's operations over a given period of time is the a. Balance Sheet b. Income Statement C. Cash Flow Sheet d. Current Position Statement 43) A _focus on sales forecasts and customer profiles. a. Profit projection b. Promotion strategies C. Price projections d. Market analysis 37) Private individuals who invest in others' entrepreneurial ventures are referred to as a. sharks b. co-venturers c. business angels d. white knights 44) A business has the advantages of low start-up and overhead costs and convenience for family and lifestyle a. Home-based b. Brick and Mortar C. Debt financed d. Equity financed 38) reports transactions only when cash is received or a payment is made. a. Cash-Basis accounting b. Cash-Flow accounting c. Accrual statements d. Transactional reports