If a Firm Has a Cash Cycle of 8 Days

question 128

Multiple Choice

If a firm has a cash cycle of 8 days and an operating cycle of 39 days, what is its average payment period?

• A) 47 days
• B) 39 days
• C) 31 days
• D) 8 days

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An educational approach where non-English speakers are taught in English to improve their language skills.

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