Tammy's Craft Corner
Working at a local university, Tammy's favorite hobby included anything related to crafts. She could spend hours pouring over the craft books to actually working on and talking to people about craft projects. Tammy was great at what she did and liked to do, but lacked the money management skills. So when Tammy opened her business "Tammy's Craft Corner". Her son, a business major, decided to step in and help mom with managing the money side of the business.

-Tammy needs to know that the time that is required for her to acquire resources,convert them into craft products,sell the products,and receive cash from the sale is called:

Question

Tammy's Craft Corner
Working at a local university, Tammy's favorite hobby included anything related to crafts. She could spend hours pouring over the craft books to actually working on and talking to people about craft projects. Tammy was great at what she did and liked to do, but lacked the money management skills. So when Tammy opened her business "Tammy's Craft Corner". Her son, a business major, decided to step in and help mom with managing the money side of the business.

-Tammy needs to know that the time that is required for her to acquire resources,convert them into craft products,sell the products,and receive cash from the sale is called:

Quizplus · Accepted Answer

The time required for Tammy to acquire resources, convert them into craft products, sell the products, and receive cash from the sale is called the cash-to-cash cycle. This cycle includes the time between paying suppliers for resources and receiving payment from customers for the finished products.

Tammy's Craft Corner Working at a Local University, Tammy's Favorite Hobby Included Anything