The accounts receivable turnover ratio measures ________
A) a company's ability to pay its current liabilities with its current assets
B) how many days it takes, on average, to collect receivables
C) how many days it takes, on average, to sell the inventory
D) the number of times a company collects the average accounts receivable balance in a year
D
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Critics of RBC models argue that
A. they cannot be solved analytically. B. are subject to measurement errors. C. it is not possible to replicate the models. D. the models are estimated imprecisely.
To attain a target profit, the total gross margin generated from sales must be sufficient to cover total fixed costs plus the target profit.
Answer the following statement true (T) or false (F)
To be negotiable, a check must be in writing. Under the UCC, a check:
a. must be written on standard size paper of 6" × 2.5". b. must be written on an official bank form. c. need not be on any official form or even on paper. d. Both a and b are requirements for a negotiable check.
Over the past two decades, political risk has become:
A. an area closely watched by developing countries, but virtually ignored by developed countries. B. a less pervasive, minor threat faced by international management. C. a vital area for multinational companies (MNCs) to manage. D. virtually obsolete for international firms as a result of controls imposed by the United Nations.