In One Large Study That Surveyed 1,000 Companies in the United

question 72

Multiple Choice

In one large study that surveyed 1,000 companies in the United States it was found that ________ of them used some work teams.

• A) 64%
• B) 13%
• C) 47%
• D) 89%

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Definitions:

Payables Turnover

A financial efficiency ratio that measures how quickly a company pays off its suppliers by comparing net purchases to average accounts payable.

Inventory Turnover

Inventory Turnover is a measure of how often a company sells and replaces its stock of goods within a certain period, indicating efficiency in managing inventory.

Cash Cycle

Cash Cycle, also known as the cash conversion cycle, measures the time it takes a company to convert resource inputs into cash flows.

Inventory Turnover

A metric that measures the efficiency of a company in managing its stock of goods through the calculation of the cost of goods sold divided by average inventory.