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1 1 . Why does a firm like Amazon have large amounts of accounts payable? ( a ) Because they have a large retail presence

11. Why does a firm like Amazon have large amounts of accounts payable?
(a) Because they have a large retail presence
(b) Because they have high levels of accounts receivable
(c) Because serving businesses tends to lengthen the receivable period
(d) Because suppliers tolerate Amazons payment process as a cost of access to their platform
12. Why does a firm like Pfizer have large amounts of other assets?
(a) This is a result of the high valuation of Pfizers brand, accelerated by the Covid vaccine
(b) This is a result of leases and other non-owned property used in pharma manufacturing
(c) This is a result of low asset turnover
(d) This is a result of intangibles, like patents & goodwill, and Pfizer has been acquisitive

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