Laminates Inc has as age of inventory of 43 days, an age of receivables of 47 days and an age of payables of 61 days. Their closest competitor, Natural Inc, has comparable numbers of 51 days, 32 days and 55 days
Which of the following statements is TRUE?
A) Laminates has the shorter and more desirable working capital gap of 57 days compared to Natural's WCG of 74 days.
B) Laminates has the longer and less desirable working capital gap of 65 days compared to Natural's WCG of 36 days.
C) Laminates has the shorter and less desirable working capital gap of 28 days compared to Natural's WCG of 49 days.
D) Laminates has the longer and less desirable working capital gap of 29 days compared to Natural's WCG of 28 days.
D
You might also like to view...
Over her years as a manager, Rose has had a very diverse group of employees; some were very interested in the financial rewards the company offered while others really would prefer extra time off or even to be recognized at the monthly department meetings. Rose should consider the ______ viewpoint of management in this case.
A. behavioral B. systems C. contingency D. variance management E. classical
Joiner Corporation recently purchased 25,000 gallons of direct material at $5.60 per gallon. Usage by the end of the period amounted to 23,000 gallons. If the standard cost is $6.00 per gallon and the company believes in computing variances at the earliest point possible, the direct-material price variance would be calculated as:
A. $800F. B. $9,200U. C. $9,200F. D. $10,000F. E. $10,000U.
In computing the mean of a sample, the value of ?xi is divided by
a. n. b. n - 1. c. n + 1. d. n - 2.
MySQL supports INSTEAD OF triggers
Indicate whether the statement is true or false