Answer:
c. purchase of raw materials and collection of any outstanding receivables from the sale of the product.
Explanation:
A manufacturer refers to an individual or business firm that typically engages in the production of finished goods and sells them to the consumers, in order to meet their demands.
Generally, a manufacturer through a combination of processes, tools and equipments, produce finished goods from raw materials and sells them to the consumers.
This ultimately implies that, the operating cycle of a manufacturer is the length of time between the purchase of raw materials from suppliers and collection of any outstanding receivables from the sale of the product to consumers.
Answer:
A. Building a relationship is given a higher priority than accomplishing the deal
Answer:
E. have a sinking fund provision
Explanation:
Callable bonds are the one wherein the issuer/borrower has an option to redeem the bonds anytime after an initial stipulated period. In case of such bonds, if the issuer decides to redeem the bonds, the holders have to accept the redemption value.
Usually, when market rate of interest on such bonds falls below the coupon rate of such bonds, the issuer redeems such bonds. Thus, such bonds are beneficial to the issuer.
Call protection refers to the period within which such bonds cannot be called or redeemed.
Sinking fund provision refers to transferring a portion of money during the duration of such callable bonds to a separate reserve known as sinking fund, which is created for the purpose of redemption of funds. So when such bonds are to be called, the total money transferred to sinking fund reserve would be raised and used for payment to bondholders.
Creation of such a reserve helps the issuer avoid the pressure of lump sum payment as periodically funds are set aside for the purpose of redemption.
Answer:
Answer letter B
When products,services,money are exchanged between different countries.