Rotan Corporation Keeps Careful Track of the Time Required to Fill

question 43

Multiple Choice

Rotan Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below:

-The throughput time was:

• A) 4.6 hours
• B) 9.7 hours
• C) 20.6 hours
• D) 16 hours

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Definitions:

Reasonable Source

A credible or reliable origin of information or data that is considered acceptable or trustworthy for making decisions or drawing conclusions.

Sold Receivables

The process of a company selling its receivables to a third party to improve its cash flow.

Maturity Date

The date on which the final payment on the bond is due from the bond issuer to the investor.

Note Receivable

A financial asset representing a written promise for a debtor to pay a specified sum of money to the creditor on a determined future date or on demand.