EBK EXCELLENCE IN BUSINESS COMMUNICATIO
EBK EXCELLENCE IN BUSINESS COMMUNICATIO
11th Edition
ISBN: 9780100665934
Author: BOVEE
Publisher: YUZU
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Chapter 5, Problem 5.14eE
Summary Introduction

To determine:

Replacement of the clichés and buzzwords with plain ones.

Introduction:

Replacement of the clichés and buzzwords with plain and easy to understand language from the given line. Replacement by plain words is done to make the meaning more effective and poised to the receptors.

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Globex Corp. has forecasted sales of $30.0 million for next year and expects its cost of goods sold (COGS) to remain at 80% of sales. Currently, the firm holds $2.8 million in inventories, $2.3 million in accounts receivable, and $2.4 million in accounts payable. (Use 365 days are the length of a year in all calculations.) a. Approximately how long does it currently take Globex Corp. to convert raw materials to its finished products and then to sell them? b. On average, how long does it take from the time a sale is made until the time cash is collected from customers? c. Globex Corp. relies on customer credit when it buys raw materials from its suppliers. How long does it take after the firm purchases materials before it sends cash to its suppliers? d. What is the length of Globex Corp.'s cash conversion cycle (CCC)?

Chapter 5 Solutions

EBK EXCELLENCE IN BUSINESS COMMUNICATIO

Ch. 5 - Prob. 9LOCCh. 5 - Prob. 10LOCCh. 5 - Prob. 11LOCCh. 5 - Prob. 12LOCCh. 5 - Prob. 13LOCCh. 5 - Prob. 14LOCCh. 5 - Prob. 15LOCCh. 5 - Prob. 16LOCCh. 5 - Prob. 17LOCCh. 5 - Prob. 18LOCCh. 5 - Prob. 19LOCCh. 5 - Prob. 20LOCCh. 5 - Prob. 5.1AYKCh. 5 - Prob. 5.2AYKCh. 5 - Prob. 5.3AYKCh. 5 - Prob. 5.4aECh. 5 - Prob. 5.4bECh. 5 - Prob. 5.4cECh. 5 - Prob. 5.4dECh. 5 - Prob. 5.4eECh. 5 - Prob. 5.4fECh. 5 - Prob. 5.4gECh. 5 - Prob. 5.4hECh. 5 - Prob. 5.4iECh. 5 - Prob. 5.4jECh. 5 - Prob. 5.5aECh. 5 - Prob. 5.5bECh. 5 - Prob. 5.5cECh. 5 - Prob. 5.5dECh. 5 - Prob. 5.5eECh. 5 - Prob. 5.5fECh. 5 - Prob. 5.5gECh. 5 - Prob. 5.5hECh. 5 - Prob. 5.5iECh. 5 - Prob. 5.5jECh. 5 - Prob. 5.6aECh. 5 - Prob. 5.6bECh. 5 - Prob. 5.6cECh. 5 - Prob. 5.6dECh. 5 - Prob. 5.6eECh. 5 - Prob. 5.7aECh. 5 - Prob. 5.7bECh. 5 - Prob. 5.7cECh. 5 - Prob. 5.7dECh. 5 - Prob. 5.7eECh. 5 - Prob. 5.8ECh. 5 - Prob. 5.9ECh. 5 - Prob. 5.10ECh. 5 - Prob. 5.11ECh. 5 - Prob. 5.12aECh. 5 - Prob. 5.12bECh. 5 - Prob. 5.12cECh. 5 - Prob. 5.12dECh. 5 - Prob. 5.12eECh. 5 - Prob. 5.12fECh. 5 - Prob. 5.13aECh. 5 - Prob. 5.13bECh. 5 - Prob. 5.13cECh. 5 - Prob. 5.13dECh. 5 - Prob. 5.13eECh. 5 - Prob. 5.14aECh. 5 - Prob. 5.14bECh. 5 - Prob. 5.14cECh. 5 - Prob. 5.14dECh. 5 - Prob. 5.14eECh. 5 - Prob. 5.15aECh. 5 - Prob. 5.15bECh. 5 - Prob. 5.15cECh. 5 - Prob. 5.15dECh. 5 - Prob. 5.15eECh. 5 - Prob. 5.15fECh. 5 - Prob. 5.15gECh. 5 - Prob. 5.15hECh. 5 - Prob. 5.15iECh. 5 - Prob. 5.15jECh. 5 - Prob. 5.15kECh. 5 - Prob. 5.15lECh. 5 - Prob. 5.15mECh. 5 - Prob. 5.15nECh. 5 - Prob. 5.15oECh. 5 - Prob. 5.16aECh. 5 - Prob. 5.16bECh. 5 - Prob. 5.16cECh. 5 - Prob. 5.16dECh. 5 - Prob. 5.16eECh. 5 - Prob. 5.17ECh. 5 - Prob. 5.18aECh. 5 - Prob. 5.18bECh. 5 - Prob. 5.18cECh. 5 - Prob. 5.18dECh. 5 - Prob. 5.18eECh. 5 - Prob. 5.19ECh. 5 - Prob. 5.20ECh. 5 - Prob. 5.21ECh. 5 - Prob. 5.22aECh. 5 - Prob. 5.22bECh. 5 - Prob. 5.22cECh. 5 - Prob. 5.23ECh. 5 - Prob. 1EYSCTPCh. 5 - Prob. 1SYCKO
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