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:

Prefrontal Cortex

A region at the front of the brain associated with complex behaviors such as decision making, planning, and moderating social behavior.

Anterograde Amnesia

A condition characterized by the inability to form new memories following the onset of the disorder, while long-term memories from before the event remain intact.

Prefrontal Cortex

The part of the brain located at the front of the frontal lobes, involved in complex behaviours such as planning, decision making, and moderating social behaviour.

Retrograde

Retrograde refers to moving backward or a decline in condition or quality.