Bruceton Farm Markets Currently Has an Operating Cycle of 76

question 10

Multiple Choice

Bruceton Farm Markets currently has an operating cycle of 76 days.The firm is analyzing some operational changes that are expected to decrease the accounts receivable period by 3 days and decrease the inventory period by 8 days.The accounts payable turnover rate is expected to increase from 7 to 9 times per year.If all of these changes are adopted,what will the firm's new operating cycle be?

• A)87 days
• B)58 days
• C)54 days
• D)65 days
• E)76 days

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Definitions:

Subject Matter

The content, topic, or substance of a discussion, study, or work, focusing on specific themes or issues.

Public Speaking

The act of performing a speech to a live audience with the purpose of informing, persuading, or entertaining.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome.

Practical Suggestions

Actionable advice or recommendations that are feasible and can be implemented in real-world scenarios to solve problems or improve situations.