A Firm Has an Average Age of Inventory of 60

question 8

Multiple Choice

A firm has an average age of inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days. The firm's cash conversion cycle is ________ days.

• A) 15
• B) 45
• C) 75
• D) 135

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Definitions:

Super's Model

A developmental model of career development that outlines how personal experiences interact with occupational preferences over time.

Career Choice Readiness

Refers to an individual's preparedness to make informed and suitable career decisions based on self-awareness, knowledge of options, and understanding of the decision-making process.

Career Choice Competency

The ability to make informed and effective decisions regarding one's career path, considering personal interests, values, and the labor market.

Naturalistic Observation

Observation and recording of client behaviors as they occur without any manipulation of the environment by the observer.