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:

Atomization

The process of breaking down a larger whole into smaller, separate, and often simpler components, elements, or particles, sometimes used metaphorically to describe societal or organizational fragmentation.

Message Recall

The ability of individuals to remember the content of a message or advertisement after a certain period of time.

Social Media Workflow

A structured approach to managing social media activities, including planning, creating, publishing, and tracking content across platforms.

Social Media Marketing

The use of social media platforms and websites to promote a product or service, aiming to reach a wider audience through digital means.