The Authors of the Business Analytics: Data Analysis & Decision

question 4

True/False

The authors of the Business Analytics: Data Analysis & Decision Making text use spreadsheet modeling,particularly Excel spreadsheets,where the essential elements are entered for further analysis.

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Definitions:

Quick Assets

Assets that can be quickly converted into cash, such as marketable securities and receivables, excluding inventory.

Cash Equivalents

Short-term, highly liquid investments that are easily convertible to known amounts of cash and close to their maturity.

Current Receivables

Refers to the money owed to a company that is expected to be received within a year.

Cost

An amount that must be paid or spent to buy or obtain something, often related to the production or purchase of goods and services.