The cash operating cycle can be computed as ________
A) days accounts payable outstanding + days sales outstanding + days inventory on hand
B) days accounts payable outstanding - days sales outstanding - days inventory on hand
C) days accounts payable outstanding + days sales outstanding - days inventory on hand
D) days accounts payable outstanding - days sales outstanding + days inventory on hand
Answer: B
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Municipal general obligation bonds are _______. Municipal revenue bonds are _______.
A) supported by the municipal government's ability to tax; supported by the municipal government's ability to tax B) supported by the municipal government's ability to tax; supported by revenue generated from the project C) always subject to federal taxes; always exempt from state and local taxes D) typically zero coupon bonds; typically zero¬ coupon bonds
If managers at Walmart pressure workers to work extra hours for free because the managers must keep payroll costs below fixed targets or risk demotion, these managers are faced with
a. an ethical dilemma. b. a gainsharing program. c. a business decision. d. an advancement opportunity. e. intrinsic motivation.