A Firm's Operating Cycle Is Equal to Its ______

question 5

Multiple Choice

A firm's operating cycle is equal to its ______.
I. inventory conversion period plus receivables conversion period
II. cash conversion cycle minus payables deferral period

• A) Only statement I is correct.
• B) Only statement II is correct.
• C) Both statements I and II are correct.
• D) Neither statement I nor II is correct.

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Definitions:

Normally Closed Relay

A normally closed relay is a type of relay where the contact points are closed (i.e., the circuit is complete and can carry current) when the relay is not energized, and open when it is energized.

Input Combinations

Input combinations refer to the specific sets or arrangements of input conditions or signals that determine the output or behavior of a system or circuit.

Y Output

A designation for an output point or terminal in PLCs and control systems, commonly used to control actuators and other output devices.

Energized

Referring to a state where an electrical component or circuit has power supplied to it and is operational.