Company A has a receivables turnover of 8.0. Company B has a receivables turnover of 10.0. Which of the following statements is correct?
A. Company B makes more sales on account than Company A.
B. Company A makes more sales on account than Company B.
C. Company B collects its receivables faster than Company A.
D. Company A collects its receivables faster than Company B.
Answer: C
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Match each of the following intangible assets with its proper general category.
A. Franchise B. Trademark C. Order backlogs D. Patented IT program E. Excess of purchase price over identifiable assets F. Copyright
The cost of equipment would include the cost of test runs to see that the equipment is operating properly
Indicate whether the statement is true or false
___________ are the costs incurred by a customer that make it costly or risky to change to a competing vendor's products
a. Transaction costs b. Transfer costs c. Loyalty costs d. Conversion costs e. Switching costs
Several female employees at General Electric's Salem, Virginia, plant who were pregnant presented a claim for disability benefits under the plan to cover the period they were absent from work as a result of their pregnancies. The company denied these claims on the grounds that the plan did not provide disability benefit payments for such absences. This case had a significant impact on the passage of the ________.
A. Rehabilitation Act B. Pregnancy Discrimination Act C. Equal Pay Act D. Americans with Disabilities Act