For a Given Operating Cycle,a Firm Estimates the Amount of Financing

question 39

Multiple Choice

For a given operating cycle,a firm estimates the amount of financing it requires by

• A) Calculating the expected profit from sales over the operating cycle
• B) Calculating the total expected sales over the operating cycle
• C) Calculating the longest period it can possibly obtain to fulfill its payables
• D) Calculating the longest period it can possibly grant for customers' payables

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Definitions:

Demonstrations

Live or virtual events where the features and benefits of a product or service are shown to potential customers.

Prospect's Indifference

A situation in sales where a potential customer shows no particular interest or preference towards a product or service being offered.

Direct Question

A question that by and large can be answered with a yes or no response or at most by a very short response consisting of a few words.

Primary User

The primary user is the main individual or group of individuals who are the intended users or beneficiaries of a product or service.