If a Firm Has a Cash Cycle of 30 Days

question 67

Multiple Choice

If a firm has a cash cycle of 30 days and an operating cycle of 64 days, what is its average payment period?

• A) 30 days
• B) 34 days
• C) 64 days
• D) 94 days

---

Definitions:

Home Discourse

Conversations and communication patterns that occur within a household among family members.

African American Families

Families identified or classified as having African American heritage, foregrounding the unique cultural, historical, and social experiences within the United States.

Instructional Discourse

The ways in which teachers and students communicate, especially the language and strategies used to impart education.

Formal Education

Structured learning that occurs within an institutional setting like schools or universities, following a set curriculum.