Zervos Inc

question 18

Multiple Choice

Zervos Inc.had the following data for last year (in millions) .The new CFO believes (1) that an improved inventory management system could lower the average inventory by $4,000, (2) that improvements in the credit department could reduce receivables by $2,000,and (3) that the purchasing department could negotiate better credit terms and thereby increase accounts payable by $2,000.Furthermore,she thinks that these changes would not affect either sales or the costs of goods sold.If these changes were made,by how many days would the cash conversion cycle be lowered? ​

• A) 40.3 days
• B) 37.6 days
• C) 39.7 days
• D) 33.6 days
• E) 32.6 days

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Definitions:

Logic

The study of reasoning and argumentation, focusing on the principles that guide the structure and validity of arguments and inferences.

Sociohistorical Context

The combination of social, historical, and cultural factors that influence an event, phenomenon, or era, shaping its characteristics and interpretations.

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A historic series of movements and protests aimed at ending racial discrimination and securing legal recognition and federal protection of the citizenship rights enumerated in the Constitution and federal law for African Americans and other minorities.

Women's Movement

A series of campaigns for reforms on issues such as reproductive rights, domestic violence, maternity leave, equal pay, women's suffrage, and sexual harassment.