If a Firm Has a Cash Cycle of 55 Days

question 91

Multiple Choice

If a firm has a cash cycle of 55 days and an operating cycle of 150 days, what is its payables turnover?

• A) 9.50
• B) 6.64
• C) 3.84
• D) 2.60

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Definitions:

Emotional Stability

Emotional Stability is a personality trait that denotes how consistently an individual can maintain a calm and composed state, especially under stress or in challenging situations.

Creativity

The ability to produce original and unusual ideas, or to make something new or imaginative.

Openness to Experience

A personality trait that signifies how much a person is open to new experiences, novelty, and variety in life.

Personality Test

A method used to assess an individual's character traits and behavioral tendencies.