The days' sales in receivables ratio indicates the number of days it takes to collect the average level of accounts receivable
Indicate whether the statement is true or false
TRUE
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All of the following about multiple regression are true EXCEPT:
A) R2 cannot be less than the highest bivariate r2 between an independent variable and the dependent variable. B) R2 will be larger when the correlations between independent variables are low. C) If the independent variables are uncorrelated, then R2 will be the sum of the bivariate r2 of each independent variable with the dependent variable. D) Adjusted R2 adjusts for the number of independent variables and sample size. E) R2 can decrease as more independent variables are added to the regression equation.
The American Tie Company, a necktie retailer, offers a deep assortment of men's neckties. The American Tie Company is best described as a(n) ________
A) department store B) supermarket C) specialty store D) discount store E) off-price retailer