A firm has an average age of inventory of 20 days, an average collection period of 30 days, and an average payment period of 60 days. The firm's cash conversion cycle is ________ days
A) 70
B) 50
C) -10
D) 110
C
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Inception, a recent Hollywood blockbuster, had created a lot of interest among the viewers even before its release due to the credentials of its makers. The movie was discussed in social network pages and discussion forums
The discussions increased after its release and it helped the movie do good business. Which of the following most closely describes the type of marketing discussed in this example? A) personalized marketing B) direct marketing C) interactive marketing D) word of mouth marketing E) technology marketing
Jilk Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $50,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $142,000?
A. $36,620 B. $5380 C. $92,000 D. $86,620
One purpose of reminder advertising is to encourage repeat purchasing
Indicate whether the statement is true or false
Assessing ______ requires evaluating whether an organization is financially strong or in jeopardy.
A. liquidity B. profitability C. asset management D. long-term solvency