g Jerry Rawls is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation at COBA Inc. His data in millions are as follows: Given that their Inventory Turnover is 50 times per year, their Accounts Receivable Turnover is 7 times per year and their Accounts Payable Turnover is 3 times per year, what is their Cash-to-Cash Conversion Cycle

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.