The Operating Cycle:
A) Represents the number of days to purchase inventory
B) Measures liquidity of inventory.
C) Measures the number of days receivables are outstanding
D) Increases as the collection period increases.

Question

Quizplus · Accepted Answer

The Answer of The Operating Cycle:
A) Represents the number of days to purchase inventory
B) Measures liquidity of inventory.
C) Measures the number of days receivables are outstanding
D) Increases as the collection period increases.