The cash conversion cycle (CCC) combines three factors: The inventory conversion period, the receivables collection period, and the payables deferral period, and its purpose is to show how long a firm must finance its working capital. Other things held constant, the shorter the CCC, the more effective the firm's working capital management.
Answer the following statement true (T) or false (F)
True
You might also like to view...
A limited liability limited partnership limits the liability of general partners
Indicate whether the statement is true or false
The law of ________ states that behavior that is followed by positive consequences will likely be repeated.
A. effect B. consequences C. large numbers D. repetition E. demand
CCC Corp has a beta of 1.5 and is currently in equilibrium. The required rate of return on the stock is 12.00% versus a required return on an average stock of 10.00%. Now the required return on an average stock increases by 30.0% (not percentage points). Neither betas nor the risk-free rate change. What would CCC's new required return be? Do not round your intermediate calculations.
A. 16.34% B. 18.15% C. 14.19% D. 16.50% E. 14.69%
A grocery store sprays an aerosol scent that smells like fresh baked bread near its packaged bakery items. This is
A. a case of linking a response with a drive. B. an example of trying to link a cue with a marketing mix. C. a violation of the selective processes. D. a case of a manager developing a need. E. likely to have no effect because selective retention will eliminate any effect of the smell.