BeckerCom Has an Inventory Turnover Ratio of 52, an Accounts

question 101

Multiple Choice

Becker.com has an inventory turnover ratio of 52, an accounts receivable balance of $365,000, average daily credit sales of $36,500, accounts payable of $182,500 and cost of goods sold of $7,993,500. What is Becker's cash conversion cycle to the nearest day?

• A) 17 days
• B) 9 days
• C) 27 days
• D) -27 days

---

Definitions:

Rapid Physical Growth

A phase typically observed in the infant and adolescent stages where the body grows at an accelerated rate.

Inadequate Diet

A diet lacking in the necessary nutrients to maintain healthy bodily function.

Decreased Activity

A reduction in usual or normal physical movement or endeavors, which can be a symptom of underlying health issues or conditions.

Mood Swings

Mood swings refer to rapid and often extreme fluctuations in one's emotional state, without a clear cause.