Marshall Inc A) 1206 Days
B) 126

question 34

Multiple Choice

Marshall Inc.recently hired your consulting firm to improve the company's performance.It has been highly profitable but has been experiencing cash shortages due to its high growth rate.As one part of your analysis, you want to determine the firm's cash conversion cycle.Using the following information and a 365-day year, what is the firm's present cash conversion cycle? $\begin{array}{lr}\text { Average inventory }= & \$ 75,000 \\\text { Annual sales }= & \$ 600,000 \\\text { Annual cost of goods sold }= & \$ 360,000 \\\text { Average accounts receivable }= & \$ 160,000 \\\text { Average accounts payable }= & \$ 25,000\end{array}$

• A) 120.6 days
• B) 126.9 days
• C) 133.6 days
• D) 140.6 days
• E) 148.0 days

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Definitions:

Frontal Cortex

The part of the brain located at the front of each cerebral hemisphere, responsible for decision making, problem solving, and controlling behavior.

Moral Judgments

Assessments of actions or situations as right or wrong based on ethical principles and personal values.

Association Areas

Regions of the brain involved in complex processes like thinking, language, and memory.

Sensory Cortex

Area at the front of the parietal lobes that registers and processes body touch and movement sensations.