If a Firm Has a Cash Cycle of 10 Days

question 7

Multiple Choice

If a firm has a cash cycle of 10 days and an operating cycle of 43 days, what is its average payment period?

• A) 10
• B) 33
• C) 43
• D) 53

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Definitions:

Unstructured Data

Unstructured data refers to information that doesn't have a pre-defined data model or is not organized in a pre-determined manner, making it difficult to process and analyze using traditional methods.

Database Schema

The structure that defines the organization, constraints, and relationships of data in a database.

Data Type

A data type is a classification that specifies the type of data that a variable or object can hold in programming languages.

Database Dictionary

A repository within a database containing metadata such as information about database structure, definitions, and constraints.