If a Firm Has an Operating Cycle of 120 Days

question 147

Multiple Choice

If a firm has an operating cycle of 120 days and an average payment period of 20 days, its cash conversion cycle would be:

• A)100 days
• B)140 days
• C)18 days
• D)cannot be determined from this information

Understand the structure and function of specialized animal organs and systems.

Identify the causes and consequences of animal behaviors and physiological processes, including feeding and locomotion.

Comprehend the role of animals in ecosystems, including predation, symbiosis, and competition.

Understand the significance of scientific research and discoveries concerning animal biology, including medical and ecological applications.

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Definitions:

Trade Surpluses

A situation in which a country's exports exceed its imports, indicating a positive balance of trade.

Precious Metals

Metals of high economic value, such as gold, silver, and platinum, often used for investment or as currency.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy.

Government Spending

Government spending involves expenditures by government bodies on public services, infrastructure, defense, social welfare, and more, impacting the economy’s overall fiscal stance.