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The most liquid asset is sales. accounts receivable. marketable securities. cash. capital. To raise capital, Financial Fusion sold stock to family members and friends. stock

The most liquid asset is



sales.


accounts receivable.


marketable securities.


cash.


capital.


To raise capital, Financial Fusion sold



stock to family members and friends.


stock to stockholders by using an IPO.


bonds to a few close associates.


commercial paper certificates to clients.


promissory notes to a few trustworthy investors.


Marilyn provides piano lessons to students in her home four days a week. The money she earns from providing these services would be called on an income statement.




expenses


cash


revenues


retained earnings


equity


The organized effort of individuals to produce and sell, for a profit, the products and services that satisfy society's needs through the facilities available on the Internet is referred to as



e-business.


e-management.


e-commerce.


e-selling.


e-shopping.


The use of borrowed funds to increase the return on owners' equity is called



financial planning.


investment management.


management leverage.


financial leverage.


return on leverage.


One type of B2B model focuses on



facilitating sales transactions between businesses.


increasing costs to consumers.


gaining the loyalty of individual buyers.


eliminating higher costs of finished products.


all of the above.

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