Which of the Following Was a Consequence of the Growth

question 23

Multiple Choice

Which of the following was a consequence of the growth of the Internet and the information revolution of the 1990s?

• A)The agrarian revolution
• B)Increased trade barriers
• C)Corporate mergers
• D)Decreased globalization
• E)Deteriorated Gross Domestic Product (GDP)

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Definitions:

Inventory Period

The duration of time it takes for a company to turn its inventory into sales, typically measured in days.

Operating Cycle

The average period of time between the purchase of goods and services for production and the receipt of cash from sales of the final products.

Inventory Turnover

A financial ratio that measures how many times a company's inventory is sold and replaced over a specific period.

Payables Turnover

A financial ratio that shows how quickly a company pays off its suppliers by comparing net purchases to average accounts payable.