Question: A company s operating cycle may be described as the period of time that is typically required for a company to convert cash into inventory

A companys operating cycle may be described as
the period of time that is typically required for a company to convert cash into inventory and inventory into cash.
the period of time from the beginning of operations until a company liquidates all of its assets.
always a one-year time period.
a cycle that is distinguished at the discretion of the Board of Directors on a daily basis.

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