Which of the following is a firm's cash cycle?
A) the average length of time between when a firm arranges funds to purchase 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 output produced from that inventory
C) the average length of time between when a firm pays cash to purchase its initial inventory and when it sells output from that product
D) the average length of time between when a firm arranges funds to purchase its inventory and when it sells the output produced from that inventory
Correct Answer:
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