Answer:
57 days
Explanation:
The computation of the cash conversion cycle is shown below:
The cash conversion cycle = Days inventory outstanding + days sale outstanding - days payable outstanding
= 54 days + 34 days - 31 days
= 57 days
Hence, the cash conversion cycle is 57 days
We simply added the days' sales in inventory and days sales' outstanding and deduct the days payable outstanding so that the cash conversion cycle could come
In the case above since the cases with the two people are similar, we should Promote neither Margaret nor Beth.
<h3>What is promotion in an office?</h3>
The act of getting promoted is one that connote that a person have step into a leadership position.
Note that the more people, that person will have to be responsible for, and also more jobs goes with it and it is vital that your communication skills will be sharpened.
Note that since promotion will require more time which both individuals are not willing to give, so therefore, In the case above since the cases with the two people are similar, we should Promote neither Margaret nor Beth.
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The benefits of portfolio diversification can be obtained if the fund manager adds the stocks which are less than perfectly correlated. In other words, the stocks in a portfolio should have coefficient correlation lesser than 1. The market portfolio is considered to be fully diversified, this is why if the stocks with high correlation with market portfolio is added to our own portfolio, it will approach to the fully diversified portfolio and help in reducing the total risk.
One of the most valuable sources firms have at their disposal is a rich cache of customer information and purchase history from their day-to-day operations, which is a type of Internal secondary data
Explanation:
<u>Internal secondary data:</u> It is the data that is obtained from within the organization.
A company's internal data, such as the sales and marketing data , customer information system , product purchasing and usage data are few example of Internal secondary Data
To increase their profit.
Even if the marginal cost is going up, as long as it is less than sales price the company can still make a profit. As the marginal cost continues to rise, that profit gets smaller and smaller but still exists and gives companies motivation to continue producing.
