Question: QUESTION 31 The process of determining whether the forecast meets the firm's financial targets is known as _____.? a. ?operating breakeven analysis b. ?leverage analysis

QUESTION 31

The process of determining whether the forecast meets the firm's financial targets is known as _____.?

a.

?operating breakeven analysis

b.

?leverage analysis

c.

?strategic planning

d.

?economies of scale

e.

?financial statement analysis

QUESTION 39

A document specifying the terms and conditions of a loan, including the amount, interest rate, and repayment schedule is called a(n):?

a.

?unsecured note.

b.

?trade credit note.

c.

?factoring agreement.

d.

?promissory note.

e.

?commercial paper agreement.

QUESTION 41

The inventory conversion period of a firm is equivalent to the average age of its inventory.

True

False

QUESTION 49

The following information relates to Gear Corporation.

Inventory conversion period 68.2 days

Receivables collection period 35.8 days

Payables deferral period 24.6 days

The cash conversion cycle of the company is:?

a.

?60.4 days.

b.

?128.6 days.

c.

?79.4 days.

d.

?57.0 days.

e.

?79.2 days.

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