Multiple Choice
A firm with an inventory period of 30 days, an accounts receivable period of 30 days, and an accounts payable period of 90 days has a cash conversion cycle of _____ days.
A) 150
B) -60
C) 30
D) -30
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q86: With regards to credit analysis, this is
Q87: The transactions motive is the demand for
Q88: The same as delivery float.<br>A) Float<br>B) Transmission
Q89: Most firms need similar sized cash buffers.
Q90: The delay in transferring the means of
Q92: One type of investment that would not
Q93: One way a firm can reduce the
Q94: The disbursement float is the delay in
Q95: The delivery or transmission float is the
Q96: Which of the following statements is false?<br>A)