The ________ is the length of time from the point when raw materials are purchased on account to the point when payment is made to the supplier of the goods
A) cash conversion cycle
B) average payment period
C) average age of inventory
D) average collection period
B
You might also like to view...
A firm ordinarily uses the same sales forecasting method for determining short-range and long-range sales forecasts.
Answer the following statement true (T) or false (F)
Joe Hamas sells for Rush Beverages. He is trying to convince retailers to carry his company's Ginseng Rush, a new all-natural beverage that delivers an energy punch without caffeine. When he gets retailers to agree to stock his product, he asks them for the names of other retail operations that might be interested in carrying it. He is using _____ to get his sales leads.
A. networking B. cold calling C. referrals D. direct marketing E. noncompeting sales
The time spent watching and reviewing auction bids is a part of ________ costs
A) pricing B) monitoring C) delayed consumption D) fulfillment
If a person is convicted of a crime, there must be some prison or jail time imposed
a. True b. False Indicate whether the statement is true or false