A Firm Has Average Inventory of $1,250,000, an Inventory Period

question 75

Multiple Choice

A firm has average inventory of $1,250,000, an inventory period of 58 days, a receivables period of 32 days, and average payables of $810,000. What is its cash cycle?

• A) 48 days
• B) 52 days
• C) 58 days
• D) 67 days
• E) 74 days

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Definitions:

Conceptual Goal

A specific, abstract outcome that an individual or organization aims to achieve, often guiding plans and actions.

Complex Knowledge

Knowledge that comprises multiple interconnected parts and is characterized by unpredictability and adaptability.

Behavior System Model

A framework in nursing that views individuals as behaving systems with organized and integrated patterns of behavior that can be predicted and analyzed.

Philosophical Ideas

Fundamental concepts and beliefs that form the basis for understanding the world and guiding decisions and actions.