Multiple Choice
A firm has an average age of inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days. The firm's operating cycle is _________days.
A) 135
B) 75
C) 90
D) 105
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q50: The cost of marginal investment in accounts
Q82: Playing the float involves the strategic use
Q90: A firm's credit terms specify the minimum
Q186: If the firm relaxes its credit standards,
Q190: If a firm uses an aggressive financing
Q191: One major risk a firm assumes in
Q196: Relative to cash flows affecting net working
Q198: Company _ are the procedures followed to
Q244: The operating cycle is the recurring transition
Q274: If the cash discount period is increased,