If a Firm Has a Cash Cycle of 32 Days

question 28

Multiple Choice

If a firm has a cash cycle of 32 days and an operating cycle of 67 days, what is its payables turnover?

• A) 5.45
• B) 10.43
• C) 11.41
• D) 35

Comprehend principles of honesty and deception in social research.

Understand the warranties and liabilities associated with indorsers and transferors in negotiable instruments.

Analyze the effects of unauthorized signatures on negotiable instruments and the implications for parties involved.

Evaluate the legal implications of signatures and roles in negotiable instruments, including liability issues.

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Definitions:

External Benefits

Positive effects of a product or service on individuals or entities who are not directly involved in the transaction or production of the product or service.

External Benefit

A positive effect or advantage that results from a product or service's use, affecting individuals or entities who are not directly involved in the transaction.

Positive Externality

A beneficial effect experienced by a third party or the society as a whole, resulting from an economic transaction.

Market

The environment in which buyers and sellers interact to exchange goods, services, and information, setting prices through supply and demand.