Meryl Enterprises Currently Has an Operating Cycle of 76

question 26

Multiple Choice

Meryl Enterprises currently has an operating cycle of 76.4 days. The company is implementing some operational changes that are expected to increase the accounts receivable period by 2.2 days, decrease the inventory period by 5.3 days, and increase the accounts payable period by 1.5 days. What is the new operating cycle expected to be?

• A) 78.0 days
• B) 74.8 days
• C) 73.3 days
• D) 79.5 days
• E) 71.8 days

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Definitions:

Biological Relationship

A connection between individuals who share genetic ties, such as parent and child or siblings.

IQ Scores

A measure derived from standardized tests designed to assess human intelligence.

Moral Reasoning

Moral reasoning is the process by which individuals make decisions about what is right and wrong, often based on ethical principles and personal values.

Conventional Level

According to Kohlberg, a period during which moral judgments largely reflect social rules and conventions.