Cooper Copper,a Manufacturer of Copper Piping,buys Copper on Credit on March

question 39

Multiple Choice

Cooper Copper,a manufacturer of copper piping,buys copper on credit on March 10.It processes this copper to make pipes on March 25 and pays cash for the copper on April 9.On April 14 it sells the pipes to a construction company,and on May 14 receives cash payment for this sale.What is the length of the operating cycle in this case?

• A)15 days
• B)20 days
• C)65 days
• D)30 days
• E)35 days

---

Definitions:

Separation Or Divorce

The process of ending a marital relationship, involving the legal dissolution (divorce) of a marriage or a mutual decision to live apart (separation).

Surveys

Data-collection methods that systematically collect information from respondents through questionnaires or interviews.

Systematically

Systematically means proceeding or acting according to a fixed plan or system, in a thorough and efficient manner.

Questionnaires

A set of printed or digital questions used for gathering information from respondents.