If a Firm Has an Operating Cycle of 120 Days

question 147

Multiple Choice

If a firm has an operating cycle of 120 days and an average payment period of 20 days, its cash conversion cycle would be:

• A)100 days
• B)140 days
• C)18 days
• D)cannot be determined from this information

Comprehend digital literacy and its importance.

Identify different types of computers and their intended use cases.

Recognize the role and impact of technology in accessing and managing information.

Acknowledge the significance of software, including system and application software, in the functionality of computers.

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Definitions:

First Names

The names given to individuals at birth or adoption, used for personal identification and often placed before the family name.

People

Individuals or groups involved in or affected by the operations and activities of an organization.

Cultural Differences

Variations in the beliefs, values, habits, and practices of different societies, which can impact interactions and business operations.

Global Organizations

Entities that operate in multiple countries, transcending national boundaries to achieve their objectives.