Brilliant Balloons,a Party Balloon Manufacturer,buys Latex on Credit on September

question 56

Multiple Choice

Brilliant Balloons,a party balloon manufacturer,buys latex on credit on September 1.It processes this latex to make balloons on September 6 and pays cash for the latex on September 14.On September 19 it sells the balloons to a party supply retailer,and on October 5 receives cash payment for this sale.What is the length of the operating cycle in this case?

• A)21 days
• B)5 days
• C)18 days
• D)34 days
• E)13 days

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Definitions:

Tectonic Forces

The movement and dynamics within the Earth's crust that result in the formation of geological features.

Burial

The act of placing something under the ground, often related to interring a body or concealing an object.

Contraction

The process of becoming smaller or shorter, often in reference to the cooling and solidifying of the Earth's crust which can lead to tectonic activities.

Differential Stress

Stress applied unevenly in different directions, leading to deformation of Earth's crust.