A company has a collection period of 37.5 days, an inventory period of 93.4 days, and a payables turnover of 48.12. Calculate the cash conversion cycle
A) 82.78
B) 130.9
C) 123.31
D) 85.62
E) 120.31
C
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Which of the following events will release a noncompensated surety from liability?
A. Release of the principal debtor's obligation by the creditor but with the reservation of the creditor's rights against the surety. B. Modification by the principal debtor and creditor of their contract that materially increases the surety's risk of loss. C. Filing of an involuntary petition in bankruptcy against the principal debtor. D. Insanity of the principal debtor at the time the contract was entered into with the creditor.
During the exchange of task-related information, who among the following people would most likely ask many questions of their counterparts, delve specifically and repeatedly into the details at hand, and provide only vague and ambiguous material
during a presentation? A) Chinese B) Arabs C) Americans D) Mexicans