If a Firm Has a Cash Cycle of 55 Days

question 91

Multiple Choice

If a firm has a cash cycle of 55 days and an operating cycle of 150 days, what is its payables turnover?

• A) 9.50
• B) 6.64
• C) 3.84
• D) 2.60

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Definitions:

Leadership Making

The process of developing leadership capabilities within an organization, focusing on fostering leadership skills and qualities across all levels of the organization.

LMX Theory

Leadership Member Exchange Theory, which focuses on the dynamic relationships between leaders and followers, emphasizing the importance of these relationships in organizational outcomes.

Central Prescription

Central Prescription in leadership focuses on the core or fundamental actions and behaviors that leaders must adopt to be effective in their role, often based on research or theoretical models.

High-quality Relationship

A profound and positive connection between individuals characterized by trust, respect, and mutual understanding.