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.

• A) 95
• B) 105
• C) 60
• D) 130

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Definitions:

Late Adulthood

A stage in the human life cycle typically beginning in the mid-60s, characterized by continued cognitive, emotional, and social changes.

Child Abuse

Any action or failure to act by a caregiver or another person in a position of authority that results in harm or potential harm to a child, including physical, emotional, or sexual abuse, and neglect.

Stressful Conditions

Circumstances or environments that cause physical, emotional, or psychological strain or tension in individuals.

Spirituality

A broad concept that involves seeking a meaningful connection with something bigger than oneself, which can involve religious belief, personal growth, or a quest for purpose.