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1 3 . Starbucks has negative shareholder equity ( a ) And a unique business model, but they aren t particularly profitable ( b )

13. Starbucks has negative shareholder equity
(a) And a unique business model, but they arent particularly profitable
(b) They have chosen almost exclusively a debt financing approach to their growth
(c) They have significant treasury stock, resulting from share buybacks, a negative offset to the equity account
(d) All of these
14. The business model of an airline
(a) Requires significant investment in fixed assets
(b) Is dependent on a revenue stream that can be very variable
(c) Tends to collect its revenue quite quickly, receivable collection periods are low
(d) All of these

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