Asked by
Trinidy Thompson
on Oct 28, 2024Verified
A retail store would likely have a shorter operating cycle than an automobile manufacturer.
Operating Cycle
The time it takes for a company to purchase inventory, sell it to customers, and collect the cash from the sale.
Automobile Manufacturer
A company engaged in the designing, production, marketing, and selling of motor vehicles.
- Identify the components and calculation of the operating cycle.
Verified Answer
HM
Learning Objectives
- Identify the components and calculation of the operating cycle.