Merryl Enterprises Currently Has an Operating Cycle of 59 Days

question 48

Multiple Choice

Merryl Enterprises currently has an operating cycle of 59 days.The firm is analyzing some operational changes,which are expected to increase the accounts receivable period by 2 days and decrease the inventory period by 5 days.The accounts payable turnover rate is expected to increase from 42 to 46 times per year.If all of these changes are adopted,what will the firm's new operating cycle be?

• A)51 days
• B)54 days
• C)56 days
• D)59 days
• E)65 days

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Definitions:

Behavioral

Relates to the actions or reactions of an individual or group in response to external or internal stimuli.

Humanistic

Relates to a psychological perspective that emphasizes the personal worth of the individual and the centrality of human values.

Family Therapy

A psychological counseling method that aims to address and improve the interactions and relationships within a family unit.

Desensitization

A therapeutic technique aimed at reducing the emotional response to a feared object or situation, commonly used in treating phobias.