Multiple choice
Not what you're looking for?
A firm has a cash conversion cycle of 120 days, an average collection period of 25 days, and an average period of 50 days. The firm's average age of inventory is ___days.
a. 45
b. 95
c. 125
d. 145
The beta of the market
a. is greater then 1.
b. is less than 1.
c. is 1.
d. can not be determined.
All of the following are examples of long-term debt EXCEPT
a. Bonds.
b. Lines of credit.
c. Term loans.
d. Debentures.
Laws in some U.S. states that tax multinationals (both American and foreign) on a percentage of their total worldwide income rather the usual taxation of the MNC's earnings arising within their jurisdaiction are called.
a. Multinational tax laws.
b. State corporate tax laws.
c. Unitary tax laws.
d. Unicersal ax laws.
e. None of the above.
Johnson Inc. has just ended the calendar year making a sale in the amount of $10,000 of merchandise purchased during the year at a total cost of $7,000. Although the firm paid in full for the merchandise during the year, it has yet to collect at year end from the customer.
The net profit and cash flow from this sale for the year are
a. $3,000 and $10,000, respectively
b. $3,000 and ($7,000), Respectively
c. $7,000 and ($3,000), respectively
d $3,000 and $7,000 respectively
Purchase this Solution
Solution Summary
The solution explains some multiple choice questions relating to cash conversion cycle, beta, long term debt, MNC tax, profit on sale
Solution Preview
1. Cash conversion cycle = AR days + Inventory days - AP Days
120 = 25+ Inventory days - 50
Inventory days = 145 ...
Purchase this Solution
Free BrainMass Quizzes
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Operations Management
This quiz tests a student's knowledge about Operations Management
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce