Other factors remaining constant, an increase in the average payment period will ________
A) increase the average collection period
B) decrease the operating cycle
C) not affect the cash conversion cycle
D) not affect the operating cycle
D
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What are the two major components of social class? Explain and comment on each component (such as which is more important)
What will be an ideal response?
The accounts receivable turnover ratio is computed by dividing net income by average accounts receivable
a. True b. False Indicate whether the statement is true or false
A product is priced FOB destination, which means:
A. title of goods passes to customer when they are loaded on the shipping vehicles. B. freight over a basic fee is paid at the destination. C. the seller pays the shipping costs. D. the buyer pays the shipping costs. E. the buyer and seller share the shipping costs equally.
In a ________ arrangement, a third party promises to be primarily liable with the borrower for the payment of the borrower's debt.
A. subrogation B. floating lien C. guaranty D. surety