The Operating Cycle of a Manufacturer Is the Length of Time

question 145

Multiple Choice

The operating cycle of a manufacturer is the length of time between the

• A)purchase of raw materials and the sale of the goods.
• B)sale of the goods and the collection of any outstanding receivables from the sale of the product.
• C)purchase of raw materials and collection of any outstanding receivables from the sale of the product.
• D)purchase of raw materials and the production of goods.

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Definitions:

Carrying Capacity

The maximum population size of a species that an environment can sustain indefinitely, given the food, habitat, water, and other necessities available.

Reproductive Time Lag

The delay between changes in environmental conditions and the resultant effects on a population's reproductive rates.

Birth Rate

The ratio of live births in an area to the population of that area; expressed per 1000 population per year.

Death Rate

the statistical measure of the number of deaths per unit of population within a specified timeframe, often expressed per 1,000 individuals per year.