A firm purchased raw materials on account and paid for them within 30 days. The raw materials were used in manufacturing a finished good sold on account 100 days after the raw materials were purchased
The customer paid for the finished good 60 days later. The firm's cash conversion cycle is ________ days.
A) 10
B) 70
C) 130
D) 190
C
Business
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Ethics may be a matter of opinions and feelings
a. true b. false
Business
Which of the following is an advantage of using a conventional search engine for research?
A) No human editors rank search results. B) Each search engine uses a different search technique. C) Users can access a web directory to evaluate websites. D) Search engines are easy and powerful. E) Search engines can identify all relevant data quickly.
Business