The ________ is the time period that elapses from the point when a firm sells a finished good on account to the point when the receivable is collected

A) cash conversion cycle
B) average payment period
C) average age of inventory
D) average collection period

D

Business

You might also like to view...

The vast majority of entrepreneurs desire to go into a business where they already have some

prior experience. Indicate whether the statement is true or false

Business

Coca-Cola is an example of a red-chip stock

Indicate whether this statement is true or false.

Business