Center Enterprises Currently Has an Operating Cycle of 58 Days

question 55

Multiple Choice

Center Enterprises currently has an operating cycle of 58 days. You are analyzing some operational changes which are expected to increase the accounts receivable period by 4 days and decrease
The inventory period by 3 days. The accounts payable turnover rate is expected to increase from 9
To 12 times per year. If all of these changes are adopted, what will Center's new operating cycle be?

• A) 56 days
• B) 57 days
• C) 59 days
• D) 60 days
• E) 65 days

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Definitions:

Change-supportive Perceptions

The way individuals view and interpret change within an organization, often affecting their readiness and support for the change.

Seldom Resist Change

This phrase implies an unusual tendency or situation where individuals or groups infrequently oppose or challenge alterations in their environment or standard procedures.

Moderate Identity Gap

The state in which there is a discernible but not overwhelming difference between an individual's personal identity and their perceived social identity.

Acceptance of Change

The willingness or ability of individuals and organizations to adapt to new conditions, innovations, or transformations.