Examlex
Which of the following would probably be a variable cost at a college?
Inventory Period
The amount of time it takes for a company to sell through its current stock of inventory.
Accounts Receivable Period
The average number of days that it takes a company to collect payments after a sale has been made, a critical component of managing cash flow.
Accounts Payable Period
The average number of days it takes for a business to pay its suppliers and vendors.
Inventory Period
The average time it takes for a company to convert its inventory into sales or the duration of the inventory cycle.
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