The e-commerce model in which all of the participants are businesses or other organizations is called

A) business-to-consumer.
B) business-to-business.
C) business-to-business-to-consumer.
D) consumer-to-consumer.

B

Business

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Gross billings for merchandise sold by Lang Company to its customers last year amounted to $15,720,000; sales returns and allowances were $370,000, sales discounts were $175,000, and freight-out was $140,000. Net sales last year for Lang Company were

a. $15,720,000. b. $15,350,000. c. $15,175,000. d. $15,035,000.c

Business

Due to a power outage, the sales clerk manually prepares a sale receipt to her customer. Which one of the following diagrams represents this activity?

A)

B)

Business