Which of the following is a firm's operating cycle?
A)the average length of time between when a firm originally purchases its inventory and when it receives the cash back from selling its product
B)the average length of time between when a firm pays cash to purchase its initial inventory and when it receives cash from the sale of the product produced from that inventory
C)the average length of time between when a firm originally purchases its inventory and when it sells the product produced from that inventory
D)the average length of time between when a firm originally purchases its inventory and when it pays cash for that inventory
E)the average length of time between when a firm receives cash for its current inventory and uses that cash to purchase new inventory

Question

Quizplus · Accepted Answer

The Answer of Which of the following is a firm's operating cycle?
A)the average length of time between when a firm originally purchases its inventory and when it receives the cash back from selling its product
B)the average length of time between when a firm pays cash to purchase its initial inventory and when it receives cash from the sale of the product produced from that inventory
C)the average length of time between when a firm originally purchases its inventory and when it sells the product produced from that inventory
D)the average length of time between when a firm originally purchases its inventory and when it pays cash for that inventory
E)the average length of time between when a firm receives cash for its current inventory and uses that cash to purchase new inventory

Which of the Following Is a Firm's Operating Cycle