A Firm Has Determined Its Cash-To-Cash Cycle Time to Be

question 122

Multiple Choice

A firm has determined its cash-to-cash cycle time to be 60 days. The number of days' payables outstanding is 25, and number of days' sales outstanding is 35. If the firm reduces its inventory by 20%, the new cash-to-cash cycle time, in days, will be approximately:

• A) 48.
• B) 50.
• C) 60.
• D) 88.

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Definitions:

Healthful Environment

Conditions or surroundings that promote well-being and prevent disease, including clean air, water, safe housing, and nutritious food.

Social Support

The various types of assistance and encouragement provided by family, friends, co-workers, and others, which is vital for maintaining psychological well-being.

Negotiation Skills

The ability to seek a mutual agreement through direct communication, aiming to resolve differences or achieve a desired outcome.

Encourages Risk

A scenario or behavior that potentially increases the likelihood of harm or adverse outcomes.