A Firm Currently Has a 36 Day Cash Cycle

question 51

Multiple Choice

A firm currently has a 36 day cash cycle.Assume the firm changes its operations such that it decreases its receivables period by 3 days,increases its inventory period by 2 days,and decreases its payables period by 3 days.What will the length of the cash cycle be after these changes?

• A)32 days
• B)33 days
• C)35 days
• D)38 days
• E)39 days

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Definitions:

Self-conscious Emotions

Emotions that arise from self-reflection or self-evaluation, including feelings such as embarrassment, pride, shame, or guilt.

Prime Emotions

Fundamental emotions that are basic and universally experienced by humans, such as happiness, sadness, anger, and fear.

Self-conscious Emotion

Emotions that involve self-reflection and awareness of oneself in the context of social norms, such as embarrassment, pride, or guilt.

Erikson

Erik Erikson was a developmental psychologist and psychoanalyst known for his theory on the psychosocial development of human beings.