The US Is an Example Of

question 2

Multiple Choice

The US is an example of:

• A)the Anglo-Saxon model.
• B)the continental model.
• C)the ASEAN model.
• D)the international model.

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Definitions:

Cash Cycle

The cash cycle is the period between the purchase of inventory and the collection of receivables from the sale of that inventory.

Receivables Period

The usual period a business needs to obtain payments from customers for goods or services sold on a credit basis.

Inventory Period

The time it takes for a company to turn its inventory into sales, often measured in days or weeks.

Cash Cycle

The period between the acquisition of inventory by a business and the collection of accounts receivable generated by the sale of that inventory.