On Average a Company Has Goods on Hand for 120

question 25

Multiple Choice

On average a company has goods on hand for 120 days before they sell them.They buy their goods on credit with 30-day terms and they sell their goods by offering 20 days to pay.What is their payables deferral period?

• A)30 days
• B)90 days
• C)110 days
• D)120 days

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Definitions:

PCI

This could refer to several things, such as Peripheral Component Interconnect, a computer bus for attaching hardware devices in a computer, or Payment Card Industry, relating to financial card data security. Specific context is needed for a precise definition.

Psychologically Healthy Workplace

A work environment that promotes mental well-being, supports emotional health, and minimizes stress among employees.

Communication

The process by which information is exchanged or conveyed between entities, which may involve speaking, writing, signals, or behaviours, to achieve mutual understanding.

Work Engagement

is the level of commitment, passion, and energy that an employee exhibits toward their job and responsibilities.