If a Company's Operating Cycle Is Much Longer Than Its

question 178

True/False

If a company's operating cycle is much longer than its average payment period for suppliers, it creates the need to borrow money to fund its inventories and accounts receivable.

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Definitions:

Canada

A country in North America known for its vast landscapes, multicultural society, and bilingual status with English and French as official languages.

Ethnic Entrepreneur

An individual who creates and operates a business venture, leveraging cultural knowledge and networks within their ethnic or immigrant community for success.

Little Italy

A term referring to an urban area with a high concentration of Italian immigrants or descendants, often characterized by Italian cultural traits.

Critical Race Theory

Holds that racism is often the outcome of common practices that are embedded in Canada’s political, legal, and other institutions but that many people, especially those in dominant positions, are not aware of.