Keeping Inventories Low Is Especially Important to the High-Tech Firms

question 42

True/False

Keeping inventories low is especially important to the high-tech firms, because so many of their products lose value quickly.

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Definitions:

Weekly Disbursements

Regular payments or expenditures made by an organization or individual within a one-week period, often related to operational costs.

Interest Rate

The sum demanded by a lender, as a percentage of the principal sum, for allowing a borrower to use their resources.

Net Float

The difference between checks written and deposited but not yet cleared, affecting a company's available cash balance.

Deposited

The act of placing money into a financial account or institution for safekeeping or to earn interest.