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tino4ka555 [31]
2 years ago
14

Does increasing average payment period decrease operating cycle

Business
1 answer:
Aleksandr-060686 [28]2 years ago
3 0

Yes , the  increasing average payment period decreases the operating cycle

All small business owners know the importance of liquidity-have enough cash on hand to pay the bills. For this reason, business owners and managers monitor the cash conversion cycle. This shows how quickly companies are moving from paying inventory to receiving cash for sold inventory. An important factor in calculating a company's cash conversion cycle is the accounts payable period. The longer the period, the shorter the cycle.

The cash conversion cycle can be calculated using the data readily available on the company's balance sheet and income statement. It has three components. "Inventory days". On average, it indicates how long a product remains in stock before it is sold. "Accounts receivable days" or A / R days. This shows how long it takes a customer to pay an invoice. "Vendor date" or A / P date.

Learn more about Business  here: brainly.com/question/24448358

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An account that earns intrest and is used to to meet financial goals is a
kirza4 [7]

Answer: Savings accounts

Explanation: Savings accounts pay interest on the money you deposit. Savings accounts allow an unlimited amount of withdrawals each month. Savings accounts may require you to maintain a minimum balance to avoid paying a fee. Savings accounts are best used to store money for longer-term goals.

6 0
3 years ago
When Maria, the keynote speaker at a major business leaders' conference, arrived in the middle of the night at the Ritz-Carlton,
Gekata [30.6K]

Answer:

customer excellence

Explanation:

The night clerk is not in charge of looking for dry cleaners, he is not Maria's personal assistant nor does he own or operate a dry cleaning service. So the fact that he did more than his job requires him to do, exemplifies how Ritz-Carlton's employees are committed to providing excellent customer service. That small extra effort can really make a difference.

6 0
3 years ago
The nominal gdp of the u.s. in 2015 was approximately​ $17.3 trillion. this means that
Nataly [62]
<span>This means that:

-the value of output in 2015 was around $17.3 trillion
-total income in 2015 was around $17.3 trillion
-total spending in 2015 was around $17.3 trillion

Value of output and total spending has basically similar meaning because they account for the total amount required to produce all output/product within the period.
Assuming that it's all gonna be sold, the total income will be at least close to the amount needed for production because the nominal GDP is evaluated at current market prices.</span>
8 0
3 years ago
10 million years ago the distance between what is today new york city, and london, england was:________
AnnyKZ [126]

10 million years ago the distance between what is today New York City, and London, England was closer than today.

<h3>What do the movement of tectonic plates cause?</h3>

There are several effects of tectonic plates constantly being in motion and one of them is that continents are moving further away from each other.

Places that were closer to each other millions of years ago are no longer close to each other. One example is New York City which would have been closer to London if this were 10 million years ago.

Options for this question include:

  • closer than today
  • further than today
  • same distance as today

Find out more on the movement of continents at brainly.com/question/12864737

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7 0
1 year ago
Paden Company purchased merchandise from Emmett Company with freight terms of F.O.B. destination. The freight costs will be paid
Art [367]

Paden Company purchased merchandise from Emmett Company with freight terms of F.O.B. destination. The freight costs will be paid by the the buyer.

<h3>What is freight?</h3>

The physical process of transporting commodities and merchandise goods and cargo is known as freight transport. The term shipping originally referred to sea transport, but in American English, it has been expanded to include land and air transport as well.

Standard shipping time in the United States ranges from 2 to 5 business days, depending on where you're sending from and to. It may take a little longer for a package to arrive in a remote location, but in the United States, almost all states can be reached within 5 business days.

To know more about freight follow the link:

brainly.com/question/24920251

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6 0
2 years ago
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