Mark's Manufacturing's Average Age of Accounts Receivable Is 45 Days

question 29

Multiple Choice

Mark's Manufacturing's average age of accounts receivable is 45 days, the average age of accounts payable is 40 days, and the average age of inventory is 69 days.Assuming a 365-day year, what is the length of its cash conversion cycle?

• A) 63 days
• B) 67 days
• C) 70 days
• D) 74 days
• E) 78 days

Learn about the impact of kin selection on prosocial behavior.

Understand the concepts and theories related to prosocial behavior, including altruism, the bystander effect, and social exchange theory.

Understand gender differences in prosocial behavior.

Knowledge of factors influencing volunteering behavior.

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Definitions:

Gender Typing

The way in which a child comes to understand their gender identity and, as a result, starts to embody the behaviors and norms of the gender they feel is their own.

Social Connectedness

The feeling of belonging and personal involvement in a network of relationships.

Adolescence

Adolescence is a developmental transition between childhood and adulthood that involves physical, emotional, and psychological changes, typically occurring during the teenage years.

Adulthood

Adulthood is the stage in human development following adolescence, characterized by full physical maturity, social responsibility, and legal majority.