A firm has an average age of inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days. The firm's operating cycle is ________ days

A) 75
B) 105
C) 90
D) 135

B

Business

You might also like to view...

Briefly describe approaches to measuring the results of marketing communications

What will be an ideal response?

Business

The power of a test is the probability of accepting the null hypothesis when it is in fact true and should be accepted

Indicate whether the statement is true or false

Business