A sight draft allows for a delay in payment—typically, 30, 60, 90, or 120 days.

An example of a company exhibiting a blue ocean strategy is ________

A) Amazon's online shopping convenience B) a Starbucks opening in the same vicinity of an independent coffee house C) Nike's brand image of the "swoosh" D) Whirlpool's full line of medium-priced, energy-saving appliances E) the first digital tablet iPad released by Apple

A cash budget gives the financial manager a clear view of the timing of a firm's expected profitability over a given period

Indicate whether the statement is true or false