Using the Information Below, Compute the Cycle Efficiency A) 51 Days

question 18

Multiple Choice

Using the information below, compute the cycle efficiency: $$\begin{array} { l l } \text { Days' sales in accourts receivable } & 15 \text { days } \\\text { Days' sales in irvertory } & 72 \text { days } \\\text { Days' payable outstarding } & 35 \text { days }\end{array}$$

• A) 51 days.
• B) 87 days.
• C) 37 days.
• D) 52 days.
• E) 63 days.

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Definitions:

Acquisition

The act of one business securing the bulk or all of another company’s equity to take over control.

Shareholders

Individuals or entities that own shares in a corporation, thus holding a portion of the company's equity.

Proxy Contests

A competition for the proxy votes of shareholders, typically aimed at gaining control of the company's board of directors.

Shareholder Votes

The process by which company shareholders exercise their right to vote on corporate matters, typically during annual general meetings.