Cass & Company has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period =47 days Receivables Collection Period =17 days Payables Deferral Period =25 days ?
A. 46 days
B. 30 days
C. 45 days
D. 39 days
E. 38 days
Answer: D
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Ruben Company purchased $100,000 of Evans Company bonds at 100 . Ruben later sold the bonds at $104,500 plus $500 in accrued interest. The journal entry to record the sale of the bonds would be
a. debit Cash, $105,000; credit Investment—Evans Company Bonds, $104,500, and Interest Revenue, $500 b. debit Cash, $105,000; credit Investment—Evans Company Bonds, $100,000, and Gain on Sale of Investments, $5,000 c. debit Cash, $104,500, and Interest Receivable, $500; credit Investment—Evans Company Bonds, $100,000, Gain on Sale of Investments, $4,500, and Interest Revenue, $500 d. debit Cash, $105,000; credit Investment—Evans Company Bonds, $100,000, Gain on Sale of Investments, $4,500, and Interest Revenue, $500
An organization's choices about ________ are limited by its response to the economic forces of product markets and labor markets.
A. pay ranges B. pay differentials C. pay rates D. pay grades E. pay structure
To project a positive, tactful tone in a written message,
a. rely only on positive words. b. compliment the receiver in the first and last paragraphs. c. avoid using second person when stating negative ideas. d. use active voice when conveying negative ideas.
A tells B, "I will cut your grass for $50." A in this scenario is the:
A) offeror. B) offeree. C) minor. D) incompetent.