An analyst has collected the following data about a firm:
Receivables turnover = 10 times Inventory turnover = 8 times Payables turnover = 12 times
What is the average receivables collection period, the average inventory processing period, and the average payables payment period respectively? (Assume 360 days in a year)

A statistician is calculating the confidence interval for but the standard deviation of the sampled population is unknown. It is acceptable to use the sample standard deviation in place of the population standard deviation when
I). when the sample distribution is normally distributed.
II). the sample size is greater than 30.
III). when the sample distribution behaves according to the Central Limit Theorem.

Which of the following is least likely to result in low quality earnings?

A golden cross is:

The market price of stock Y is now $30. An order specifies the stock must be sold once the price drops to $25 or below. This order is likely to be a: