Question: Old Time Kicks manufactures shoes. Its operating cycle: Starts when they purchase raw materials and ends when the shoe is sold. Starts when they

Old Time Kicks manufactures shoes. Its operating cycle: Starts when they purchase raw materials and ends when the shoe is sold. Starts when they purchase raw materials and ends when cash is collected from shoe sale. None of the options. Starts when they purchase raw materials and ends when the shoe is ready to be sold.

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