The accounts receivable turnover measures the length of time in days it takes to collect a receivable

Indicate whether the statement is true or false


False

Business

You might also like to view...

The __________ is the arithmetic average of the current exchange rate and the exchange rates in the two previous years, adjusted by the ratio of domestic inflation to the combined inflation rates of the euro zone, Japan, the United Kingdom, and the United States.

What will be an ideal response?

Business

James knows that the company’s new widget has a defect in it that will cause it to break after 3 months of use. He decides to say nothing about it because the company really needs the income from the new widget. It appears James’s justification for his unethical behavior is:

A. Everyone else does it B. I did it for the good of others or the company C. I was only following orders D. I’m not as bad as the others

Business

Section 10(b) of the Securities Exchange Act of 1934 covers only corporate officers and directors

a. True b. False Indicate whether the statement is true or false

Business

Troboli is a North American country. The total value of all final goods and services produced in Troboli in the last fiscal year was 3.3% more than the year before that. This growth placed Troboli in a better position than most of its allies. In this scenario, the total value of all final goods and services through which the economic condition of Troboli was assessed is known as _____.

A. net present value B. gross domestic product C. profit margin D. windfall profit

Business