If a Firm Has a Cash Cycle of 18 Days

question 86

Multiple Choice

If a firm has a cash cycle of 18 days and an operating cycle of 34 days, what is its payables turnover?

• A) 16.00
• B) 20.28
• C) 22.81
• D) 34.00

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Definitions:

Job Offer

A formal proposal by an employer to a potential employee outlining the terms of employment, including position, salary, and benefits.

Persuasive Messages

Persuasive messages are communications designed to convince or influence an audience to accept a certain viewpoint or to take a specific action.

Application Letter

A document sent with one's resume to provide additional information on one's skills and experience, typically part of a job application.

Job Offer

A job offer is a formal proposal by an employer to a job candidate to work in a specific position under agreed-upon terms and conditions.