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:

Attitudes

Psychological constructs depicted as evaluations of particular things with degree positivity or negativity, affecting an individual's actions and responses.

Values

Fundamental beliefs or ideals shared by the members of a culture about what is good or bad and desirable or undesirable.

Cultural Evolution

The process whereby cultures develop and propagate according to systems of belief or behavior that contribute to the success of a society.

Biological Evolution

The process through which species of organisms undergo change over time through variation, reproduction, and natural selection, leading to the emergence of new species.