A Firm Has an Operating Cycle of 170 Days, an Average

question 162

Multiple Choice

A firm has an operating cycle of 170 days, an average payment period of 50 days, and an average age of inventory of 145 days. The firm's average collection period is ___________ days.

• A) 120
• B) 25
• C) 75
• D) 95

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Definitions:

Hemolytic Uremic Syndrome

A rare condition usually caused by an E. coli infection leading to kidney failure and hemolytic anemia.

Escherichia Coli

A common bacterium found in the intestines of animals and humans, some strains of which can cause food poisoning.

Animal Protein

Proteins derived from animal sources, such as meat, dairy, and eggs, known for being complete proteins containing all essential amino acids.

Urinary Tract Infections

Infections caused by microbes within the urinary system; more common in the bladder and urethra.