The author presents evidence that recently Southwest Airlines had a negative working capital gap. Which of the following reasons is likely to be primarily responsible for this enviable situation
A) Southwest borrows a lot of money short-term thus keeping their borrowing costs low.
B) Southwest receives payment from customers in advance of most flights.
C) Southwest pays for fuel far in advance of the flights.
D) Southwest grants unusually long credit terms to encourage high levels of accounts receivable
B
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Indicate whether the statement is true or false
To ____________________ means to obtain substitute goods elsewhere when the seller breaches the sales contract
Fill in the blank(s) with correct word
Assume that it takes 100 hr to produce the first unit of a product, and the learning rate for this production process is 80%. Using the arithmetic approach, determine the labor hours required to produce the 16th unit.
A. 100 hr B. 80 hr C. 51.2 hr D. 40.96 hr
The Sarbanes-Oxley Act requires CEO and CFO certification for annual and quarterly reports.
Answer the following statement true (T) or false (F)