A Firm Currently Has a 43 Day Cash Cycle

question 67

Multiple Choice

A firm currently has a 43 day cash cycle. Assume that the firm changes its operations such that it increases its receivables period by 2 days,decreases its inventory period by 1 day and increases its payables period by 3 days. What will the length of the cash cycle be after these changes?

• A) 38 days
• B) 39 days
• C) 41 days
• D) 43 days
• E) 45 days

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Definitions:

Neuron Fires

The process by which a neuron transmits an electrical and chemical signal to another neuron.

Reaching

Reaching refers to the motor action of extending an arm or hand toward an object, usually to bring it closer; in development, it is a key milestone in fine motor skills.

Monkey

A primate generally characterized by a tail, manual dexterity, and a level of intelligence that allows for social behaviors and problem-solving.

Mirror Neurons

Neurons that fire both when an individual acts and when the individual observes the same action performed by another, thought to be involved in learning through imitation.