Solved

A Firm Has an Average Age of Inventory of 90

Question 11

Multiple Choice

A firm has an average age of inventory of 90 days, an average collection period of 40 days, and an average payment period of 30 days. The firm's operating cycle is ________ days.


A) 110
B) 130
C) 120
D) 70

Correct Answer:

verifed

Verified

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

Related Questions

Q6: In the EOQ model, _ costs are

Q7: As credit standards are relaxed, sales are

Q8: A firm has an average age of

Q9: Assuming that the level of total assets

Q10: Table 15.6<br>A breakdown of Teffan, Inc.'s outstanding

Q12: Which of the following major variables should

Q13: With the ACH (automated clearing house) credits,

Q14: Table 15.1<br>Irish Air Services has determined several

Q15: The economic order quantity (EOQ) is the

Q16: Harry's Sheds has ten different items in