If a Firm Has a Cash Cycle of 18 Days

question 109

Multiple Choice

If a firm has a cash cycle of 18 days and an operating cycle of 29 days, what is its payables turnover?

• A) 11
• B) 18
• C) 29
• D) 33.18

---

Definitions:

Schools

Institutions designed for the instruction and education of students under the guidance of teachers, varying in levels from primary to higher education.

Behavioral View

A perspective in psychology that focuses on observable behaviors and the ways in which they're learned through interactions with the environment.

Attachment

Attachment is an emotional bond between individuals, particularly in the context of a child's early relationships with caregivers, that has a profound influence on their social, emotional, and cognitive development.

Gratification

The pleasure or satisfaction obtained from achieving something desired or fulfilling a need.