Sound cash management techniques would support ________.
A) minimizing collection float, maximizing disbursement float, and minimizing the cash conversion cycle
B) minimizing collection float, maximizing disbursement float, and minimizing the cash turnover
C) maximizing collection float, minimizing disbursement float, and minimizing operating cash flow
D) minimizing collection float, maximizing disbursement float, and maximizing investing cash flow
A) minimizing collection float, maximizing disbursement float, and minimizing the cash conversion cycle
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Which of the following is true for customer relationship marketing?
A) Competitors can often hack into CRM systems. B) Building and maintaining a customer database requires a large investment. C) It is very difficult to find and train database employees. D) Long-term results of such systems are still unproven. E) Focusing too much on databases separates a company from its customers.
Cushman Company had $814,000 in sales, sales discounts of $12,210, sales returns and allowances of $18,315, cost of goods sold of $386,650, and $280,015 in operating expenses. Gross profit equals:
A. $396,825. B. $783,475. C. $409,035. D. $116,810. E. $415,140.
Notes receivable due within 90 days and cash are examples of short-term financial assets
Indicate whether the statement is true or false
An undisputed debt is a(n):
a. contested amount of debt. b. debt action that the court will not hear because it is not definite and certain. c. obligation that is not contested as to its existence or its amount. d. obligation that is not contested as to its existence but to the exact amount of the debt.