A Firm Has a Cash Conversion Cycle of 120 Days

question 336

Multiple Choice

A firm has a cash conversion cycle of 120 days, an average collection period of 25 days, and an average payment period of 50 days. The firm's average age of inventory is ________ days.

• A) 45
• B) 95
• C) 125
• D) 145

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Definitions:

Transformational Leadership

A leadership approach that causes change in individuals and social systems, aiming to develop followers into leaders themselves.

Leader-Member Exchange

The dynamic and unique relationships between a leader and each of their team members.

Behavioral Approach

The study of leadership focusing on the observable behaviors and actions of leaders, rather than on their mental qualities or internal states.

Adaptive Leadership

is a leadership framework that emphasizes the importance of leaders and organizations being flexible and responsive to changing environments and challenges.