Amahl Just Began Teaching a New Class

question 11

Multiple Choice

Amahl just began teaching a new class.After having all the students list off their names,which ones is he most likely to forget?

• A)the names of students from the middle of the list
• B)the names of students at the beginning of the list
• C)the names of students at the end of the list
• D)any student names that were strange to him

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Definitions:

Cash Cycles

The amount of time it takes for a business to convert its investments in inventory and other resources into cash flows from sales.

Accounts Payable Turnover

A financial ratio that measures the rate at which a company pays off its suppliers by comparing total purchases to average accounts payable.

Inventory Sold

The total cost of goods or merchandise a business has sold to customers during a specific period, key for calculating cost of goods sold.

Factored Receivables Financing

A financial transaction where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.