Tryst Energy Inc has an average age of inventory of 65 days, an average collection period of 60 days and an average payment period of 65 days. The firm's total annual outlays for operating cycle investments are $3.65 million
Assuming a 365-day year, how much financing is required to support its cash conversion cycle?
A) $600,000
B) $650,000
C) $700,000
D) $559,000
A
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Hostlight Industries operate a chain of moderately priced motels across Canada. The company has many businesses competing for tourist dollars, and some nights during the tourist season its motels are only half full. Other nights, Hostlight has to turn away guests because there are no vacancies. Assuming the quality of the room and the services provided by the motels remain the same, Hostlight Industries could use which of the following to fill unused rooms?
a. service forecasting tools b. a capacity correlation system c. capacity maintenance tools d. a yield management system
Consumer ________ is the belief that the products made in one's own country are superior to those from other countries
A) nationalization B) ethnocentrism C) domestication D) expropriation E) democratization