The Sandwich Generation Occurs When

question 16

Multiple Choice

The sandwich generation occurs when

• A)people opt for early retirement and are caught between their working and non-working peers.
• B)adults try to meet the competing demands of their parents and their own children.
• C)adults realize that their parents have died and that they are now the oldest generation.
• D)those who are age 65 are not financially able to retire and must continue working or find paid employment.

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Definitions:

EVA

Economic Value Added is a measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit.

Accounts Receivable

Money owed to a company by customers for products or services delivered or used but not yet paid for.

Cash Conversion Cycle

A metric that shows how long it takes for a company to convert its investments in inventory and other resources into cash flows from sales.

Inventory Conversion Period

Inventory Conversion Period is the average time taken for a company to convert its inventory into sales.