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Biondi manufacturing company (bmc) has an average accounts receivable balance of $1250000, an average inventory balance of $1750000, and an average accounts payable balance of $800000. Its annual sales are $12000000 and its cost of good sold represents 80 percent of annual sales. Assume there are 365 days in a year. What is bmc's cash conversion cycle and payables deferral period?
In each of the following cases, indicate which good you think has a relatively more price elastic demand and identify the most likely reason, in terms of the determinants of the elasticity of demand (more substitutes, greater share of budget, or more..
The university wants to increase the money donated for student scholarships by 25% within the next three years. It wants you to provide ideas for each of Porter’s four strategies. An excellent answer will include a separate paragraph (text and bullet..
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have acco..
A college instructor is pursuing her doctorate in night school. To gain extra time for her own studies, she gives her students the same lectures, the same assignments, and the same examinations semester after semester without the slightest effort to ..
Markland producing intends to raise capacity through overcoming a bottleneck operation by adding new equipment. Two vendors have presented proposals.
The warehouse manager and his staff have been very impressed with your presentation thus far. They are very interested in applying more of your recommendations to their department. They have asked for you to provide them with a few examples of inv..
If two firms face the same wage and rental price of capital but spend different amounts labor and capital, how do their isocost lines differ? What is the effect on their isocost lines if the wage rate increases?
What alternatives are available to you? What are the consequences of each alternative? -How would each of your alternatives affect the other people you have identified as having a stake in the outcome?
Name one significant lesson that you discovered about your learning style, emotional intelligence, and personality. Using this information, what step(s) do you plan to take to become a more effective manager?
In what ways does the content draw upon elements of existing social relations or ways of life? In what ways is it selective in doing so? In what ways might these selective representations influence the future of society?
A cafeteria has a coffee urn to service customers. Arrivals follow a Poisson distribution at a rate of 3 per minute. Customers take 15 seconds to get coffee, exponentially distributed. Suppose the urn is replaced by a machine that has a constant serv..
The process by which organizations move from their present state to some desired future state is called
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