What is the financing period? Is a longer or shorter financing period most desirable?
The financing period is the amount of time from the purchase of inventory until it is sold and payment is collected, less the amount of time creditors give the company to pay for the inventory. A shorter financing period is most desireable. During the financing period, a company must be able to do without the cash either by relying on cash flows from other sources within the company or by borrowing. If they lack the cash to pay bills when they come due, they can be forced out of business.
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The only legal remedy for _______ is to bring a lawsuit against a borrower to try to recover the money loaned.
A. secured creditors B. a government agency C. unsecured creditors D. a mortgagor
Tune Tones Instrument Tuning Company owes Mandy Lynn's Music Studio $6,854 as of November 1. During November, Tune Tones purchased merchandise from Mandy Lynn totaling $9,548 and made payments on account to Mandy Lynn in the amount of $7,250. The amount Tune Tones owes Mandy Lynn on November 30 is:
A. $9,548. B. $4,556. C. $6,854. D. $9,152.
What does descriptive analytics for social media do?
A) It helps identify your followers. B) It identifies links between groups. C) It examines the content of online conversations. D) It identifies the biggest sources of influence online.
What is the Encyclopedia of Associations, and how can it be useful to the business researcher?