If a Firm Has a Cash Cycle of 10 Days

question 7

Multiple Choice

If a firm has a cash cycle of 10 days and an operating cycle of 43 days, what is its average payment period?

• A) 10
• B) 33
• C) 43
• D) 53

---

Definitions:

Hippocampus

A region of the brain associated with memory and learning.

Permanent Storage

The long-term preservation of information or data in a manner that ensures its future retrieval and use.

Cortex

The outer layer of the cerebrum in the brain, involved in complex brain functions such as thought, memory, and consciousness.

Metabolic Rate

This rate measures the amount of energy expended by the body over a certain period of time, including during various activities beyond resting conditions.