The Operating Cycle for 2014 Is

question 21

Multiple Choice

The operating cycle for 2014 is:

• A) 187.37 days.
• B) 85.84 days.
• C) 127.50 days.
• D) 135.04 days.
• E) 133.87 days.

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Definitions:

Average Total Cost (ATC)

ATC refers to the per-unit cost of production, calculated by dividing the total costs by the quantity of output produced.

Diseconomies of Scale

Increases in the firm’s per-unit costs associated with increases in firm size due to inefficiencies and monitoring problems.

Anti-Employment Discrimination Legislation

Laws designed to prevent discrimination in hiring, promotion, job assignment, termination, and compensation based on certain specified characteristics.

Female/Male Earnings Ratio

A measure comparing the average earnings of female workers to those of male workers, often utilized to highlight gender pay gaps in the workforce.