BP Has an Operating Cycle of 120 150 Days, an Average

question 15

Multiple Choice

BP has an operating cycle of 120 150 days, an average collection period of 40 days, and an average payment period of 30 20 days.Based on this information, BPs average age of inventory is ________ days.

• A)50130
• B)60
• C)7090
• D)80110
• E)none of the above

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Definitions:

Radioactivity

The spontaneous emission of particles or radiation from the nucleus of an unstable atom as it becomes more stable.

Atomic Nucleus

The dense, positively charged center of an atom, composed of protons and neutrons.

Radioactive Elements

Elements that spontaneously emit radiation as a result of the decay of their atomic nuclei.

Nobel Prizes

A set of annual international awards bestowed in several categories by Swedish and Norwegian institutions in recognition of academic, cultural, or scientific advances.