The Operating Cycle Allows Firms to Estimate

question 15

Multiple Choice

The operating cycle allows firms to estimate

• A)the average time between when a firm pays cash for its inventory purchases and when it receives cash for its sales
• B)the average time a firm must keep any borrowed funds
• C)the average time required for a firm to acquire inventory, sell it, and collect the proceeds
• D)the amount of cash a firm needs to be profitable

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Definitions:

Network Concept

The understanding and design of interconnected systems or groups, often used in technology, social relations, or organizational structures to facilitate communication and cooperation.

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The practice of maintaining physical space between individuals to reduce the spread of contagious diseases, or it can refer to the perceived or actual emotional distance between individuals or groups.

Data Analytics

The process of examining datasets to draw conclusions about the information they contain, increasingly with the aid of specialized systems and software.

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Individuals specializing in public relations, responsible for building and maintaining a positive image for the organizations they represent.