Why Has the United States and Europe Banned the Use

question 46

Multiple Choice

Why has the United States and Europe banned the use of human drugs in animal feeds?

• A)Because it makes the animals grow too large.
• B)Because it causes infections in the cows and poultry fed them.
• C)Because it raises the price of the meat too high.
• D)Because it contributes to the growing drug resistance problem.
• E)All of these choices are correct.

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Definitions:

Accounts Receivable Period

The average number of days it takes for a company to collect payment from its credit sales.

Cash Cycle

The period between the outlay of cash for raw materials and receiving payment from customers for goods or services sold.

Inventory Period

The average time it takes for a company to sell through its inventory, calculated by dividing the total inventory by the cost of goods sold and then multiplying by 365 days.

Accounts Payable Period

The average time it takes for a business to pay off its suppliers and vendors.