Abbot Corporation Has an Average Collection Period of 49 Days

question 50

Multiple Choice

Abbot Corporation has an average collection period of 49 days, an inventory conversion period of 83 days, and a payables deferrable period of 36 days. What is Abbott's operating cycle?

• A) 96 days
• B) 70 days
• C) 85 days
• D) 132 days

---

Definitions:

Molecular Genetics

A branch of genetics that studies the structure and function of genes at a molecular level, including DNA, RNA, and protein synthesis.

Gene Flow

The exchange of genetic material between separate populations, enhancing genetic diversity within populations.

Evolutionary Force

A factor that brings about changes in the genetic structure of a population, including natural selection, mutation, gene flow, and genetic drift.

Populations

Groups of individuals belonging to the same species that live in the same area and are capable of interbreeding.