Match each term related to receivables analysis with its description.
A. An increase in the average collection period indicates the company manages its receivables ________ efficiently.
B. Reducing the length of time in which customers are required to pay will typically ________ the receivables turnover ratio.
C. The approximate number of days the average accounts receivable balance is outstanding.
D. An increase in the receivables turnover ratio generally indicates the company manages its receivables ________ efficiently.
E. Allowing riskier customers to purchase goods or services on account will typically ________ the receivables turnover ratio.
F. The number of times during a year that the average accounts receivable balance is collected.
A. Less
B. Increase
C. Average collection period
D. More
E. Decrease
F. Receivables turnover ratio
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Which of the following is true of economic communities?
A) They are groups of nations organized to work toward common goals. B) They were formed to increase trade barriers between member nations. C) They were formed to mediate global trade disputes. D) They require member countries to establish one currency. E) They tend to improve imports and hinder exports.
"I will pay you $100 to not sell your $500,000 house to anyone else for the next month so I can see if I can get the money together to buy it," you say. "Ok," says the home owner. The $100 payment is an option contract
a. True b. False Indicate whether the statement is true or false
Which of the following is not a characteristic of a binomial experiment?
A. There is a sequence of identical trials. B. Each trial results in two or more outcomes. C. The trials are independent of each other. D. The probability of success p is the same from one trial to another.
When prioritizing stakeholders, firms may consider which of the following factors?
a. Employee happiness b. Community desires c. Supplier demands d. All of the above