The difference between the number of days resources are tied up in the operating cycle and the number of days a firm can use spontaneous financing before payment is made is the ________

A) cash conversion cycle
B) average payment period
C) operating cycle
D) average age of inventory


A

Business

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The two parts of a corporation's stockholders' equity section are contributed capital and retained earnings

Indicate whether the statement is true or false

Business

____________________ shares are the maximum number of shares a corporation can legally issue

Fill in the blank(s) with correct word

Business

A major drawback of Porter's five forces model is that it ignores the rivalry among firms in the industry.

Answer the following statement true (T) or false (F)

Business

The ________ is the law code promulgated in 1896 that is based primarily on the Corpus Juris Civilis and is characterized by its detailed structure and its technical precision

A. comparative law B. German Civil Code C. French Civil Code D. common law

Business