If a Firm Has a Cash Cycle of 30 Days

question 67

Multiple Choice

If a firm has a cash cycle of 30 days and an operating cycle of 64 days, what is its average payment period?

• A) 30 days
• B) 34 days
• C) 64 days
• D) 94 days

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Definitions:

ApoE Gene

A gene associated with cholesterol transport that can affect the risk of developing Alzheimer's disease and other conditions.

Alleles

Different versions of the same gene, situated at the same place on a chromosome, contributing to genetic diversity in organisms.

Alzheimer's Disease

A progressive neurodegenerative disorder characterized by cognitive decline, memory loss, and changes in behavior.

Acetylcholine

A neurotransmitter involved in many functions including muscle movement, heart rate, memory, and the sleep-wake cycle.