Answer the following statements true (T) or false (F)

The days' sales in receivables for Beckham Sales is 35. The days' sales in receivables for Xanadu Company is 25. This suggests that Xanadu is having greater difficulty than Beckham in collecting its accounts receivable.


FALSE

Business

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Assuming that Ska's cost of equity capital is 14% and it expects to grow earnings at a rate of 8% per year, we would expect Ska's P/E ratio to be

a. 8 b. 16.7 c. 14 d. 4.5

Business

Profit earned in excess of an amount charged for funds committed to a profit center is referred to as ______________________________

Fill in the blank(s) with correct word

Business

Answer the following statements true (T) or false (F)

The core of SFAS No. 106 is the need to predict future health care costs.

Business

The assembly time for a product is uniformly distributed between 2 to 10 minutes. The probability of assembling the product in less than 6 minutes is

A. 0. B. 0.50. C. 0.25. D. 1.

Business