For the Cook County Company, the Average Age of Accounts

question 58

Multiple Choice

For the Cook County Company, the average age of accounts receivable is 60 days, the average age of accounts payable is 45 days, and the average age of inventory is 72 days. Assuming a 365-day year, what is the length of the firm's cash conversion cycle?

• A) 87 days
• B) 90 days
• C) 65 days
• D) 48 days
• E) 66 days

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Definitions:

Mechanical Ventilation

An approach to aid or supplant self-initiated breathing through the use of a device referred to as a ventilator.

Oral Care

The practice of maintaining cleanliness and health of the mouth and teeth, typically through brushing, flossing, and regular dental checkups.

Endotracheal Tube

A tube inserted through the mouth into the trachea to maintain an open airway and facilitate ventilation.

Respiratory Distress

A condition characterized by difficulty breathing or shortness of breath that can be a result of various ailments including asthma, pneumonia, or cardiac conditions.