Gencom International Has Inventory Days of 12,and Accounts Receivable Days

question 94

Multiple Choice

Gencom International has inventory days of 12,and accounts receivable days of 33.If its cash conversion cycle is 21 days,what is Gencom's accounts payable days?

• A)0 days
• B)30 days
• C)12 days
• D)66 days
• E)24 days

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Definitions:

Controlling Demeanor

A behavior or attitude that aims to influence or dominate others.

Custody Role

The responsibilities and duties associated with guardianship or caretaking, particularly in reference to looking after minors or the legally incompetent.

Privatization

The process of transferring ownership of a business, enterprise, agency, or public service from the government to private individuals or organizations.

Ethical Issue

A problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right or wrong.