By Clear Writing, We Mean

question 16

Multiple Choice

By clear writing, we mean:

• A) writing that is simple, familiar and 'visible'.
• B) writing that attains the writer's highest intellectual level.
• C) writing that describes everything in detail.
• D) writing that helps readers expand their vocabularies.
• E) writing that is supported with graphics.

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Definitions:

Free Cash Flow

The amount of cash generated by a business after accounting for capital expenditures needed to maintain or expand the asset base.

EVA

Economic Value Added is a measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit.

Accounts Receivable

Money owed to a company by customers for products or services delivered or used but not yet paid for.

Cash Conversion Cycle

A metric that shows how long it takes for a company to convert its investments in inventory and other resources into cash flows from sales.