When a company deals only in cash, the cash conversion cycle becomes ________
A) the collection cycle
B) the payable cycle
C) the production cycle
D) the collection cycle - the payable cycle
Answer: C
You might also like to view...
Which sentence is correctly punctuated?
A) The remodeling of our corporate headquarters is proceeding on schedule, but it still will take several months to complete the project. B) The remodeling of our corporate headquarters is proceeding on schedule but it still will take several months to complete the project. C) The remodeling of our corporate headquarters is proceeding on schedule but, it still will take several months to complete the project.
Characteristics of just-in-time partnerships do NOT include:
A) removal of in-transit inventory. B) large lot sizes to save on setup costs and to gain quantity discounts. C) long-term contracts. D) produce with zero defects. E) focus on core competencies.
Because equity is so important, special equity courts have been established within the state court system
Indicate whether the statement is true or false
Cash flows from interest received on loans are reported in the statement of cash flows as part of:
A. This is not reported in the statement of cash flows. B. Noncash activities. C. Financing activities. D. Investing activities. E. Operating activities.