If a Firm Has a Cash Cycle of 32 Days

question 43

Multiple Choice

If a firm has a cash cycle of 32 days and an operating cycle of 52 days, what is its payables turnover?

• A) 7.02
• B) 11.41
• C) 18.25
• D) 20.00

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Definitions:

Psychoactive Drug

A chemical substance that changes brain function and results in alterations in perception, mood, consciousness, cognition, or behavior.

Anabolic Steroids

Synthetic substances similar to the male sex hormone testosterone, used to promote muscle growth and enhance athletic performance.

Hidden Observer

A concept in hypnosis theory suggesting that a part of the hypnotized person's awareness remains detached and observant, even during deep hypnosis.

Consciousness

A state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, etc.