FIN 571 Week 3 WileyPLUS Practice Quiz NEW Flashcards
FIN 571 Week 3 WileyPLUS Practice Quiz NEW
http://www.assignmentcloud.com/FIN-571-NEW/FIN-571-Week-3-WileyPLUS-Practice-Quiz-NEW
Multiple Choice Question 32
The operating cycle
ends not with the finished goods being sold to customers and the cash collected on the sales; but when you take into account the time taken by the firm to pay for its purchases.
To measure operating cycle we need another measure called the days’ payables outstanding.
begins when the firm receives the raw materials it purchased that would be used to produce the goods that the firm manufactures.
begins when the firm uses its cash to purchase raw materials and ends when the firm collects cash payments on its credit sales.
Multiple Choice Question 57
You are provided the following working capital information for the Ridge Company:
To purchase this material click
http://www.assignmentcloud.com/FIN-571-NEW/FIN-571-Week-3-WileyPLUS-Practice-Quiz-NEW
For more classes visit
www.assignmentcloud.com
