BP Has an Operating Cycle of 120 Days, an Average

question 69

Multiple Choice

BP has an operating cycle of 120 days, an average collection period of 40 days, and an average payment period of 30 days. Based on this information, BPs average age of inventory is ________ days.

• A) 80
• B) 50
• C) 90
• D) 70

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Definitions:

Gray Matter

The darker part of the brain and spinal cord consisting mainly of neuronal cell bodies, dendrites, and unmyelinated axons, and is involved in processing information.

White Matter

White matter refers to the pale-colored part of the central nervous system that consists mostly of myelinated nerve fibers and serves to transmit signals within the brain.

Frontal Lobe

The part of the brain located at the front of each cerebral hemisphere, responsible for higher cognitive functions like decision making, problem solving, and controlling behavior.

Organizing

The act or process of arranging, structuring, or coordinating elements in a systematic way to achieve a specific goal or order.