FIN 100 WEEK 11 QUIZ
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FIN 100 WEEK 11 QUIZ FIN 100 WEEK 11 QU 1
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Question 1 
Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 days before the finished goods are sold. If the accounts receivable cycle is 70 days and the accounts payable cycle is 80 days, what would the operating cycle be?
110 days
130 days
190 days
270 days
Question 2 
The time between ordering materials and collecting cash from receivables is known as the:
operating cycle
cash conversion cycle
accounts receivable pe...
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FIN 100 WEEK 11 QUIZ•FIN 100 WEEK 11 QUIZ
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Question 1 
Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 days before the finished goods are sold. If the accounts receivable cycle is 70 days and the accounts payable cycle is 80 days, what would the operating cycle be?
110 days
130 days
190 days
270 days
Question 2 
The time between ordering materials and collecting cash from receivables is known as the:
operating cycle
cash conversion cycle
accounts receivable pe...