A Firm with an Inventory Period of 30 Days, an Accounts

question 91

Multiple Choice

A firm with an inventory period of 30 days, an accounts receivable period of 30 days, and an accounts payable period of 90 days has a cash conversion cycle of _____ days.

• A) 150
• B) -60
• C) 30
• D) -30

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Definitions:

Stilettos

a type of high heel shoe with a long, thin heel.

Onsite Interview

A face-to-face meeting between a job applicant and potential employer, typically conducted at the employer's place of business, as part of the hiring process.

Good Etiquette

The practice of exhibiting behaviors and manners considered respectful and appropriate in social or professional settings.

Positive Body Language

Non-verbal signals that convey a positive attitude or reaction, such as smiles, open postures, and direct eye contact.