The accounts receivable turnover ratio for a merchandiser is 9.7 times. Calculate the days' sales in receivables for the merchandiser. (Use 365 days in calculations as needed. Round your answer to the nearest day.)
A) 34 days
B) 38 days
C) 29 days
D) 41 days
B) 38 days
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A small, open-air mall with upscale stores, convenient locations, and nonretail activities, such as a playground, skating rink, hotel, dining establishments, and a movie theater, is an example of a(n) ________
A) regional shopping center B) lifestyle center C) community shopping center D) franchise E) power center
Which of the following statements is true of the award of legal custody after a divorce?
A) The awarding of legal custody to a custodial parent is permanent. B) The custodial parent only has physical custody because legal custody is always shared among divorced parents of the child. C) The wishes of the child in determining who receives legal custody is given more consideration for older children. D) The court cannot refuse to award custody to either parent under any extenuating circumstances.
You should consider your _____ before you take on a large consumer loan.
A. educational qualification B. history of auto ownership C. past employment D. financial plans E. career plans
The outright sale of receivables by firms to financial organizations is called factoring.
Answer the following statement true (T) or false (F)