Before 1980,most U.S.corporations Raised Funds

question 186

Multiple Choice

Before 1980,most U.S.corporations raised funds

• A)in U.S.and foreign banks.
• B)in U.S.stock and bond markets or in U.S.banks.
• C)in U.S.stock and bond markets or in foreign capital markets.
• D)in U.S.banks or in foreign capital markets.

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Definitions:

Days' Sales

This is a measure of a company’s operational efficiency, indicating how many days it takes for a company to turn its inventory into sales.

Average Collection Period

The average amount of time it takes for a business to receive payments owed by its customers.

Accounts Payable

The amount a company owes to its suppliers or vendors for goods or services received but not yet paid for.