BP Has a Cash Conversion Cycle of 80 Days, an Average

question 26

Multiple Choice

BP has a cash conversion cycle of 80 days, an average collection period of 25 days, and an average age of inventory of 70 50 days.Based on this information, BPs operating cycle is ________ days.

• A)85
• B)75
• C)65105
• D)55130
• E)none of the above

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Definitions:

Society

A large community of people living together in an organized way, making decisions about how to do things and sharing the work that needs to be done.

Integrity

The quality of being honest and having strong moral principles; moral uprightness.

Unimpaired

In a state of being undamaged, unaffected, or able to function at full capacity without any reduction in value or quality.