Which of the Following Is an Example of a Private-Label

question 70

Multiple Choice

Which of the following is an example of a private-label brand?

• A) Kodak film
• B) President's Choice coffee
• C) Sony DVD player
• D) Levi's jeans
• E) Kellogg's cornflakes

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Definitions:

Cash Cycle

The period between the outlay of cash for the purchase of inventory and the receipt of cash from accounts receivable, representing the time it takes for a company to turn its investments in inventory back into cash.

Receivables Factoring

The process of selling a business's accounts receivable to a third party at a discount to quickly generate cash.

Bad Debts

Financial amounts owed to a company that are unlikely to be paid by debtors, often recognized as an expense on the company's income statement.

Discounted Amount

The present value of a future sum of money or stream of cash flows given a specific rate, reflecting the time value of money.