The collection period is:

A) The time it takes to acquire and sell inventory
B) The time from the sale of the product until funds are actually received
C) The time creditors give to pay
D) The time between ordering inventory and having a full inventory

B

Business

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Neptune Inc. uses a standard cost system and has the following information for the most recent month, April:

Actual direct labor hours (DLHs) worked 17,000 Standard DLHs allowed for good output produced this period 18,000 Actual total factory overhead costs incurred$45,400 Budgeted fixed factory overhead costs$10,800 Denominator activity level, in direct labor hours (DLHs) 15,000 Total factory overhead application rate per standard DLH$2.70 The total factory overhead spending variance in April for Neptune, Inc., to the nearest whole dollar, was:

Business

What is a brand-asset management team (BAMT)?

What will be an ideal response?

Business