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

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Definitions:

Male Identity

The ways in which male gender is perceived, constructed, and expressed in a given culture or society, often associated with certain roles and behaviors.

Genetic Female

Refers to individuals whose chromosomal and physiological characteristics are classified as female at birth.

Genetic Male

An individual whose chromosomes are typically characterized by the presence of one X and one Y chromosome, determining the male sex in most human beings.

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues, as well as promoting secondary sexual characteristics such as increased muscle and bone mass.