_______________ refers to the length of time allowed by a firm for its customers to make payment for their purchases.

Related MCQs

• ____________ is the length of time between the firm’s actual cash expenditure and its own cash receipt.
• Lei-Feng, Inc.'s $100 par value preferred stock just paid its $10 per share annual dividend. The preferred stock has a current market price of $96 a share. The firm's marginal tax rate (combined federal and state) is 40 percent, and the firm plans to maintain its current capital structure relationship into the future. The component cost of preferred stock to Lei-Feng, Inc. would be closest to .
• ___________________ of a firm refers to the composition of its long-term funds and its capital structure.
• A firm is said to be financially unlevered firm if the firm has ……….
• ____________ synergy refers to increase in the value of the firm that occurs to the combined firm from financial factors.
• The credit policy of Spurling Products is "1.5/10, net 35." At present 30% of the customers take the discount, 62% pay within the net period, and the rest pay within 45 days of invoice. What would receivables be if all customers took the cash discount?
• _______________ refers to a firm holding some cash to meet its routine expenses that are incurred in the ordinary course of business.
• ___________ is the ratio of the number of shares of the aquiring firm and the selling firm's share
• Which of the following argues that the value of levered firm is higher than that of the unlevered firm?
• A firm has EBIT of . 50,000. Market value of debt is . 80,000 and overall capitalization rate is 20%. Market value of firm under NOI Approach is: