Explain the computation of the length of the operating cycle.
What will be an ideal response?
The length of the operating cycle is computed by adding the number of days to sell inventory to the average number of days to collect accounts receivable. The simplest explanation of the operating cycle is "cash to cash."
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Following World War II, Nazi war criminals often used the ______, claiming they were merely following orders.
A. Nuremberg Defense B. German solder argument C. Hitler argument D. propaganda/paranoia defense
Using three-dimensional printing (3DP) technology, objects are built to precise specifications using raw materials at or near the location where they may be consumed
Indicate whether the statement is true or false a. True b. False
Over the last few months, Juan and his colleagues have analyzed the current business situation and identified target markets for his firm's personal care products. Finally, they developed the products, prices, distribution, and promotion that should appeal to each of those target markets. In doing so, Juan has also identified what he believes is an advantage his competitors cannot match. Juan and his colleagues have been developing
A. competitive assessments. B. a marketing strategy. C. team-building exercises. D. a business mission statement. E. a strategic vision.
The most important audience for a mission statement is employees, for it helps build a common understanding of an organization's purpose and the basis of its intended competitive advantage in the marketplace.
Answer the following statement true (T) or false (F)