Apple Company had terms of net 60 days for customers. The number of days' sales in accounts receivable for Apple was 42 days. Apple is efficient in the collection of its receivables
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Which of the following statements about Gen Yers is true?
A) They are selective, confident, and impatient. B) They are more likely to associate retirement with "the beginning of the end". C) They are more pragmatic and individualistic. D) They were born between 1964 and 1978. E) They were the first generation to find surpassing their parents' standard of living a serious challenge.
For service desks that use e-mail as their primary communication channel with customers, e-mail management systems enable them to efficiently manage high-volume chat, e-mail, and Web form messages.
Answer the following statement true (T) or false (F)
A merchant buyer of goods receives nonconforming goods. The merchant buyer rightfully rejects and appropriately notifies the seller, but the seller has no agent in the buyer's city. The goods are perishable and threaten to decline in value speedily. The merchant buyer has no further duty to the seller other than to await the seller's instructions
a. True b. False Indicate whether the statement is true or false
A counseling service records the number of calls to their hotline for the last year. What is the forecast for October if a weighted moving average with weights of 0.5, 0.3, and 0.2 is used to model this data?
Month Demand January 111 February 127 March 146 April 159 May 165 June 165 July 178 August 182 September 191 October 208 November 223 December 228 A) 177.4 B) 185.7 C) 197.7 D) 190.3