If Swatch's Inventory Conversion Period Is 45 Days, Its Payables

question 52

Multiple Choice

If Swatch's inventory conversion period is 45 days, its payables deferral period is 35 days, and its receivables conversion period is 50 days, then its cash conversion cycle must be days.

• A)60
• B)90
• C)30
• D)cannot be determined from information given

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Definitions:

Addiction

A compulsive, chronic, physiological or psychological need for a substance, behavior, or activity despite harmful consequences.

Long-Term Memory

A system of memory in which information is stored for an extended period of time, potentially indefinitely, allowing for retrieval of experiences, knowledge, and skills learned in the past.

Immediate Memory

The ability to recall information immediately after it has been presented, often considered part of short-term memory.

Alcohol

A psychoactive substance with depressant effects, commonly found in beverages such as beer, wine, and spirits, affecting mood, cognition, and behavior.