The conversion of current assets ________
A) from cash to receivables to inventory provides the cash used to pay non-current liabilities
B) from inventory to receivables to marketable securities provides the cash used to buy plant and equipment
C) from inventory to receivables to cash provides the cash used to pay current liabilities
D) from cash to receivables to inventory provides the cash used to repurchase stock
C
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Eliza, Kevin, and Alexa all report to their superior, Georgina. This is illustrative of what kind of group?
-Control -Command -Informal -Decentralized
A key decision in ordering is selecting a suitable vendor. Which of the following would not be a major criterion in vendor selection?
A) prices of goods B) quality of goods C) credit rating of the vendor D) ability to deliver on time