BeckerCom Has an Inventory Turnover Ratio of 52, an Accounts

question 21

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 operating cycle to the nearest day?

• A) 17 days
• B) 61 days
• C) 27 days
• D) -27 days

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Definitions:

Neurotransmitters

Chemicals that transmit signals across a synapse from one neuron to another neuron, muscle, or gland cell.

Dopamine

A neurotransmitter in the brain that plays key roles in reward, motivation, memory, attention, and even regulating body movements.

Motivation

The reasons or drives behind an individual's actions or behaviors, often influencing how and why actions are taken.

Animal Meat

Edible flesh from animals, used as food by humans and other carnivores or omnivores.