A measure of how long cash is tied up in receivables, payables, and inventory is called?
a. Inventory days of supply
b. Days of receivables outstanding
c. Days payable outstanding
d. Cash-to-Cash Cycle Time
d. Cash-to-Cash Cycle Time
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One difference between domestic marketing and global marketing is the scope of activities
Indicate whether the statement is true or false
When they enable us to describe a feeling, an event, or a circumstance unambiguously, words are which of the following?
A. concrete B. abstract C. clear D. confusing
The Pearson product moment correlation has a range between -1.00 and +1.00
Indicate whether the statement is true or false
Stiller Company, an 80% owned subsidiary of Leo Company, purchased land from Leo on March 1, 2017, for $75,000. The land originally cost Leo $60,000. Stiller reported net income of $125,000 and $140,000 for 2017 and 2018, respectively. Leo uses the equity method to account for its investment.On a consolidation worksheet, having used the equity method, what adjustment would be made for 2018 regarding the land transfer?
A. Debit investment in Stiller for $15,000. B. Credit retained earnings for $15,000. C. Debit retained earnings for $50,000. D. Debit retained earnings for $15,000. E. Credit retained earnings for $50,000.