INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 37

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select
-The liquidity ratio is designed to show the percentage of [your annual credit obligations | next months credit obligations] you could cover with your current assets.

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

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Definitions:

Supply Chain Management

The management of goods, data, and money as they travel from the supplier to the manufacturer, then to the wholesaler, retailer, and finally to the consumer.

Supply and Demand

Economic principles that describe the relationship between the availability of a good and the desire for that good, affecting its price.

Component Firms

Companies that supply parts or services to other businesses in the production process.

End Customer

The final consumer of a product or service who does not intend to resell it; the ultimate user in the distribution chain.