A Firm's Inventory and Accounts Payable Periods Are 80 and 42

question 65

Multiple Choice

A firm's inventory and accounts payable periods are 80 and 42 days respectively.How long can the firm's receivables period be in order to have no longer than a 65 day cash conversion cycle?

• A)27 days
• B)38 days
• C)57 days
• D)103 days cash conversion cycle = inventory period + receivable period - accounts payable period
• 65 \(\ge\) 80 days + receivables period - 42 days

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Definitions:

Sexually Typed

Classification of behaviors or attitudes as typically associated with one gender more than the other.

Encultured

The process by which individuals learn and absorb the values, customs, and social norms of their culture.

Biological Clock

A colloquial term referring to the perceived window of time for having children, often relating to fertility and age.

Doing Gender

The idea that gender is not an inherent personal attribute but a socially constructed identity performed through everyday interactions and practices.