You noticed that a fast food restaurant's operating cycle is 3 0 days. Would this suggest the
Fantastic news! We've Found the answer you've been seeking!
Question:
You noticed that a fast food restaurant's operating cycle is days. Would this suggest the restaurant is selling food beyond its expiration date?
Select an answer:
No because the operating cycle includes inventory such as boxes, paper cups, and bags in addition to food.
No because the operating cycle does not start until after the food items are sold.
No because the operating cycle includes the average collection period, which will be long if the restaurant only takes cash.
No because days is the average operating cycle for businesses selling nonperishable items.
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date: