The Shoe Tree Currently Has an Operating Cycle of 199

question 108

Multiple Choice

The Shoe Tree currently has an operating cycle of 199 days and a cash cycle of 54 days.The company is implementing some changes that will reduce the inventory period by 11 days, decrease the receivables period by 6 days, and decrease the accounts payable period by 4 days.How many days will be in the new cash cycle once all of these changes become effective?

• A)35 days
• B)45 days
• C)41 days
• D)33 days
• E)38 days

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Definitions:

Conditioned Reinforcement

A type of reinforcement where a stimulus gains its reinforcing power through its association with a primary reinforcer.

Cognitive Map

A mental representation of one's physical environment, facilitating navigation and understanding of spatial relationships.

Latent Learning

Learning that occurs without any obvious reinforcement and is not demonstrated until there is an incentive to do so.

Fixed-interval

A method of reinforcement where rewards are dispensed for the initial response after a set time period has elapsed.