A firm has an average age of inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days. The firm's cash conversion cycle is ________ days

A) 15
B) 45
C) 75
D) 135

C

Business

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Which of the following is a promise in exchange for an action?

A) A contract of adhesion B) An aleatory contract C) A unilateral contract D) A condition contract"

Business

Three workers complete a full 8-hour day finishing concrete for a terrace. All three workers are paid $12 an hour and the job bills to the customer for $450. What are the total direct labor costs?

A) $450 B) $12 C) $288 D) $96

Business