Solved

For a Manufacturer or Retailer, the Gross Operating Cycle Is

Question 15

Multiple Choice

For a manufacturer or retailer, the gross operating cycle is estimated by _______.


A) the average number of days it takes to turn over receivables and collect receivables
B) the average number of days it takes to turn over inventory and collect receivables
C) the average number of days it takes to turn over payables and collect receivables
D) the length of time it takes to request and receive funds for a loan

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions