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A Firm Has a Cash Conversion Cycle of 80 Days

question 205

Multiple Choice

A firm has a cash conversion cycle of 80 days, an average collection period of 25 days, and an average age of inventory of 70 days. Its operating cycle is ________ days.


Definitions:

Expression

Any mathematical phrase that can contain numbers, variables, and operation symbols, but does not have an equality symbol.

Simplify

The act of making an expression as simple as possible.

Expression

A combination of symbols that jointly express a quantity or number, which can include variables, constants, and operating symbols.

Simplify

The process of making a mathematical expression as simple as possible by performing all operations and reducing to the fewest terms.

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