Question 4 1 pts Which of the following is a characteristic that distinguishes services from goods? Goods can be stored. Goods are typically made when the customer is present. Companies that make goods typically have more interaction with customers than companies that deliver services. W Services are tangible. Question 5 1 pts Question 5 1 pts In which supply chain stages do the Delivering processes occur? O Supplier, Manufacturer, Distributor Distributor, Retailer, and Customer Supplier and Customer Manufacturer, Distributor, Retailer Question 6 1 pts Which of the following is a Pure Good? O Doctor's visit Tide pod Legal consultation N Website hosting > Question 7 1 pts What do companies use benchmarking for? Companies use benchmarking as a way to help become more competitive. Companies use benchmarking when they are not satisfied with the political environment. Companies use benchmarking as a way to control supply and demand. ho Companies use benchmarking as a way to change unfavorable laws. Question 8 1 pts Which statement is true of the cash conversion cycle? The cash conversion cycle can not be below zero. If the days inventory and payable period remain unchanged, the cash conversion cycle goes down when the days of sales outstanding decreases. The "Payable period" in the formul measures the dollars that are owed by the company's suppliers If the days sales outstanding and days inventory remain unchanged, the cash conversion cycle goes up if the average inventory goes down. The higher the cash conversion cycle, the quicker the company is converting cash it receives from sales into company profits. Question 9 1 pts Given the following financial data, which of the following statements is true? Gross income Total sales Total credit sales Cost of goods sold Total assets Average inventory Average receivables $97,000,000 $84,000,000 $79,000,000 $52,000,000 $5,000,000 $4,000,000 $2,000,000 ws inventory turnover is greater than asset turnover Asset turnover is less than 15.0. Inventory turnover is greater than receivables turnover Receivables turnover is greater than asset turnover Question 10 1 pts A manufacturer holds an average of 30 days of inventory. The manufacturer pays its suppliers in 41 days on average. The manufacturer collects payments from its customers in 22 days on average. What is the cash conversion cycle (in days) for this manufacturer? O 49 days 93 days O 33 days 11 days