contestada

Central Supply paid off an accounts payable for a toboggan it had purchased on credit three weeks ago. The time period between today and the day Central Supply will receive cash from the sale of this toboggan is called the_____________.
a. cash cycle.
b. operating cycle.
c. inventory period.
d. accounts payable period.

Respuesta :

TomShelby

Answer:

a. cash cycle.

Explanation:

It is the time between the cash outlay to pay the goods and the cash proceeds from the sale of the goods the company commercialize.

The cash conversion cycle (CCC) is expresses in days and represent the time to convert the investment (purchase of goods) into cash flows from the main activity.

Otras preguntas