Based on the Following Information,determine the Venture's Inventory-To-Sale Conversion Period

question 13

Multiple Choice

Based on the following information,determine the venture's inventory-to-sale conversion period: cash conversion cycle = 250 days; sale-to-cash conversion period = 60 days; and purchase-to-payment conversion period = 70 days.

• A)70 days
• B)140 days
• C)240 days
• D)260 days
• E)330 days

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Definitions:

Pay Inequities

Situations where there is an unfair or unequal distribution of pay among employees, often due to discrimination based on gender, race, or other factors.

Annual Payroll

The total amount of money paid to employees by a business over the course of a year, including wages, salaries, bonuses, and deductions.

Job Evaluation

A systematic method for determining the relative worth of a job in relation to other jobs within an organization.

Pay Grade Categories

Divisions or levels in a pay scale that determine the salary range for different positions within an organization.