A Firm Has an Average Age of Inventory of 101

question 96

Multiple Choice

A firm has an average age of inventory of 101 days, an average collection period of 49 days, and anaverage payment period of 60 days. The firm's cash conversion cycle is

• A) 112 days.
• B) 8 days
• C) 90 days.
• D) 150 days.

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Definitions:

Human Development

A multi-dimensional process of individuals growing and changing physically, mentally, and socially throughout their lives.

Controversies

Disputes or debates, often public, due to differing opinions on a particular topic.

Operant Conditioning

A learning process in which the strength of a behavior is modified by reinforcement or punishment.

Child's Grades

The evaluation of a student's academic performance, typically represented by letters or numbers.