Explain the Following Issues Related to People Who Observe Showups

question 19

Essay

Explain the following issues related to people who observe showups, lineups, and photographic lineups: actions of police and witnesses while observing the procedure; testimony in court regarding procedure; in-court identification of suspect.

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Definitions:

Inventory Turnover

An activity ratio that measures the liquidity of the firm’s inventory—how quickly goods are sold and replenished.

Average Collection Period

A measure of how long it takes a firm to convert a credit sale (internal store credit, not credit card sales) into a usable form (cash).

Quick Ratio

A financial metric that measures a company's ability to cover its short-term liabilities with its most liquid assets, excluding inventories.

Goods Sold

Goods sold refers to the products that a company has provided to customers in exchange for payment; it is often used in the context of calculating revenues and inventory turnover.