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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
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
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 nonowned 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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