Which of the Following Firms Would Be Expected to Need

question 109

Multiple Choice

Which of the following firms would be expected to need the most cash to conduct its daily operations?

• A)a retail grocery store that sells on a cash only basis
• B)an electronics manufacturer that only assemble its goods once they have been paid for
• C)an airline that has many of its fares pre-paid by cash or credit card
• D)an aircraft manufacturer with large inventory and long development and sales cycles
• E)a clothing retailer that accepts both cash and credit payments

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Definitions:

Forecasted Attendance

The predicted number of individuals expected to attend an event or location within a specified period.

Actual Attendance

The real number of individuals present at an event or a workplace, as opposed to those who were expected or registered to attend.

Medium-Range Forecast

Predictions about future trends, demands, or activities for a period typically extending from a few months to a few years into the future.

Forecasting Process

The systematic approach to predicting future events or trends, often involving data analysis and modeling techniques.