Firms typically would prefer a positive cash conversion cycle versus a negative cash conversion cycle

Marketing managers often use in-store promotions to stimulate the sales of products for which consumers may not recognize their wants until they are in a store. Such products can be categorized as _____ products

a. industrial b. low-involvement c. technical d. high-priced

At January 1, 2017, the Estimated Warranty Payable is $1100. During 2017, the company recorded Warranty Expense of $19,500. During 2017, the company replaced defective products in accordance with product warranties at a cost of $12,000

What is the Estimated Warranty Payable at December 31, 2017? A) $7500 B) $8600 C) $20,600 D) $19,500