Answer:
a.Operating Cycle = Inventory Conversion period + Days Sales Outstanding = 100 + 35 = 135 Days
Cash Conversion Cycle = Inventory Conversion period + Days Sales Outstanding - Days Payables Outstanding
= 100 + 35 - 11 = 124 Days
b.If Carraway were to decide to take full advantage of its credit terms and delay payment until the last possible date , their cash conversion cycle is 100 + 35 - 51 = 84 Days
c.Carraway should take its suppliers offer to finance its inventory with the interest free 35 Day loan
An ethical person is someone who is consistent with their beliefs by their actions and they have empathy for others.
Answer:
Cartel
Explanation:
A cartel is an association of large businesses that formally agree to work together to protect their interests. Cartels regulate supply to the markets and manipulate prices. Once formed, the cartel behaves as a single entity. Its objective is to maximize profits for each member.
The three organizations have come together and allocated themselves to regional markets. Each business will have full control of the market in its designated area. To maximize profits, cartel agree to
- set high prices
- restricts market supply
- breakdown market into territories or regions
Answer:
$225,000
Explanation:
The utility budget is 5% of the previous year's total revenue.
The previous year revenue was $4,500,000.00
The utility budget will be 5% of $4,500,000.00
=5/100 x $4,500,000.00
=0.05 x $4,500,000
=$225,000
Answer:
Answer is option A, i.e. shareholder.
Explanation:
According to Petronio in Communication privacy management theory, when the original owner of any private information allows other persons or recipients of that private information to make decisions regarding the same, and take control of it, then the recipient of that private information is regarded as Co-owner or shareholder.