Multiple Choice
Match the term with its definition.
-The number of days, on average, that a firm extends credit to its customers
A) cash conversion period
B) days in inventory
C) days in payables
D) days sales outstanding (average collection period)
E) lock box
F) working capital cycle
G) working capital management
Correct Answer:

Verified
Correct Answer:
Verified
Q59: The average collection period is the number
Q60: Discuss the importance of working capital management
Q61: What are cash flows? What must a
Q62: Use of the accounting return on investment
Q63: Nicholas would like to improve the management
Q65: Assuming that cash is available, payment for
Q66: In managing accounts payable, the principle of
Q67: Match the term with its definition.<br>-Capital budgeting
Q68: Accounts receivable typically are collected and become
Q69: Match the term with its definition.<br>-The present