3. The percentage discount offered by suppliers if the customer or buyer pays early is known...

3. The percentage discount offered by suppliers if the customer or buyer pays early is known as the _____________discount.

4. The average length of time between the point in which a firm originally receives its inventory and the point at which it receives the cash from selling its product(s) is known as the __________cycle. Meaning of Cash Cycle is the average length of time between when a firm originally purchases its inventory and when it receives the cash back from selling its product.

17. The number of days a buyer has to take advantage of the cash discount provided by its suppliers is known as the ____________period.

18. A measure of the cash cycle calculated as the sum of a firm's inventory days and accounts receivable days, minus its accounts payable days is known as the ____________ cycle.

35. The total length of time during which suppliers extend credit to their customers (or buyers) is know as the ___________period.

Expert Solution

3. The percentage discount offered by suppliers if the customer or buyer pays early is known as the trade discount.

4. The average length of time between the point in which a firm originally receives its inventory and the point at which it receives the cash from selling its product(s) is known as the operating cycle. Meaning of Cash Cycle is the average length of time between when a firm originally purchases its inventory and when it receives the cash back from selling its product.

17. The number of days a buyer has to take advantage of the cash discount provided by its suppliers is known as the discount period.

18. A measure of the cash cycle calculated as the sum of a firm's inventory days and accounts receivable days, minus its accounts payable days is known as the cash conversion cycle.

35. The total length of time during which suppliers extend credit to their customers (or buyers) is known as the credit period.

jeff jeffy answered 11 months ago

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