Float is important in the cash conversion cycle of a firm because ________
A) its presence reduces a firm's average collection period
B) its presence reduces a firm's average payment period
C) its presence lengthens both a firm's average collection period and its average payment period
D) its presence reduces the investment that a firm must make in its cash conversion cycle
C
Business
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The more digits in a North American Industry Classification System (NAICS) code, the less homogeneous a group will be
Indicate whether the statement is true or false a. True b. False
Business
M-commerce most likely takes place through ________
A) cell phones B) billboards C) radio satellite D) televisions
Business