Multiple Choice
An entity's net operating cycle represents _______.
A) the time from using cash to purchasing goods or services to collecting cash from the sale of goods or services
B) the time from receiving cash to purchasing goods or services to collecting cash from the sale of goods or services
C) the time from using cash to selling goods or services to collecting cash from the sale of goods or services
D) the time from using cash to purchase property, plant, and equipment to collecting on the sale of receivables.
Correct Answer:

Verified
Correct Answer:
Verified
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