What is the cash conversion cycle for a firm with a receivables period of 40 days, a payables period of 30 days, and an inventory period of 60 days?
A) 70 days
B) 130 days
C) 50 days
D) 10 days
Ans: A) 70 days
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Which of the following statements indicates the salesperson is using the survey approach?
A) "Would you be interested in a security system that is currently used by most major banks in America?" B) "Tammy Williams, buyer for the Mayfield Company, has been very pleased with our line of drapes and suggested I arrange to show you our products." C) "I am anxious to show you our newest copy machine." D) "I want to study your traffic patterns to be sure that our product meets your needs." E) "Please accept this sample of our floor cleanser."
In terms of core self-evaluations, the tendency to see oneself as confident, secure and steady is:
A) self-esteem. B) generalized self-efficacy. C) locus of control. D) emotional stability.