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denis-greek [22]
4 years ago
12

The blurring of the lines separating the subsets of the financial industry started in the 1970s. 1990s. 1960s. 1940s.

Business
1 answer:
telo118 [61]4 years ago
5 0
The blurring of the lines separating the subsets of the financial industry started in the <span>1990s. The blurring of the lines that separate the subsets of the financial industry was initiated in the 1990s under the regime of the president of the US, Bill Clinton. At the time, the financial products were mainly loans, payment services, deposits, savings, and fiduciary services. </span>
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Shulman Inc. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle?
Elanso [62]

Answer:

Option (D) is correct.

Explanation:

Inventory conversion period:

= (365 days × Inventory) ÷ Cost of goods sold

= (365 days × 4,500) ÷ 30,000

= 54.75

Average collection period:

= (365 days × Accounts receivable) ÷ sales

= (365 days × $1,800) ÷ 45,000

= 14.60

Payable deferral period:

=  (365 days × Accounts payable) ÷ COGS

= (365 days × $2,500) ÷ 30,000

= 30.42

cash conversion cycle:

= Inventory conversion period + Average collection period - Payable deferral period

= 54.75 + 14.60 - 30.42

= 38.93 or 39 days

8 0
3 years ago
The firm that allows customers to select from a variety of standard options to create the service or product of their choice is
nekit [7.7K]

Answer: Mass customization

Explanation:

 The mass customization is one of the marketing technique in which the various types of products and the services are get modified according to the customer requirement.

It basically associate with the mass production in which the products are available with the lower cost. In the organization, the mass customization technique basically allow the customers for selecting and designing the various types of features for the products.  

Therefore, Mass customization is the correct option.

3 0
3 years ago
What would be a barrier to a child’s mental development?
kirill [66]

Not having experiences that help them make good choices though out the rest of their lives. Also someone to guide them through times good and bad to help them make the right choices.

5 0
4 years ago
A census helps the CPI in what way?
Lapatulllka [165]

Answer:

c. It shows the purchasing history of citizens by year.

Explanation:

CPI stands for Consumer Price Index. A census in CPI will provide the data about the changes in average price of customers goods and services that's bought by the households in a country.

A government can know the purchasing history of average citizens by examining the changes in these prices. (If the price increases, it usually indicates that more customers purchases that particular product.)

6 0
3 years ago
Why is investing in individual stocks a risky idea? Explain in your own words.
trapecia [35]

Answer:

investing in individual stocks can be risky if you do not invest in a relatively large number of different stocks, because you need diversification in order to help limit your risk.

Explanation:

In general "putting all your eggs into one basket" can be a risky proposition. If you only have enough money to invest in one stock then if that stock goes down in value, your entire investment goes down by the same amount. However, if you are able to invest in multiple, diversified stocks - that is, stocks for companies that operate in varying fields or businesses - when one stock goes down in value it's possible/likely other(s) will not and may go up in value. Since mutual funds exist, and mutual funds that invest in stocks do so by investing in multiple stocks, you are able to reduce your risk by purchasing a mutual fund. Each and every share in a mutual fund spreads your investment across multiple stocks for you. Many investors just don't have enough money to invest in enough individual stocks to diversify their portfolio.

5 0
3 years ago
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