A Firm's Inventory and Accounts Payable Periods Are 80 and 42

question 53

Multiple Choice

A firm's inventory and accounts payable periods are 80 and 42 days,respectively.If the cash cycle is 65 days,what is the firm's receivable period?

• A) 103 days
• B) 57 days
• C) 38 days
• D) 27 days

---

Definitions:

Fossil Record

The collection of fossils, which are the preserved remains or traces of animals, plants, and other organisms from the remote past, providing evidence of the history of life on Earth.

Sedimentary Rock

Rock that has formed through the accumulation and solidification of sediment, especially sediment transported by water, ice, and wind.

Biochemistry

The branch of science that explores the chemical processes within and related to living organisms.

Comparative Anatomy

The study of similarities and differences in the anatomy of different species, often to understand evolutionary relationships.