What is meant by the term operating cycle?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 47% (19 reviews)
A companys operating cycle is the average time re...View the full answer
Answered By
Diksha Bhasin
I have been taking online teaching classes from past 5 years, i.e.2013-2019 for students from classes 1st-10th. I also take online and home tuitions for classes 11th and 12th for subjects – Business Studies and Economics from past 3 years, i.e. from 2016-2019. I am eligible for tutoring Commerce graduates and post graduates. I am a responsible for staying in contact with my students and maintaining a high passing rate.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted:
Students also viewed these Accounting questions
-
What is meant by the term operating leverage?
-
What is meant by the term distribution policy? How have dividend payouts versus stock repurchases changed over time?
-
What is meant by the term dividend policy?
-
The Federal Reserve may raise its benchmark interest rate later this month. How is this achieved? Why would they do this? Explain the consequences fully. (Include graphs with your answer)
-
Manzer Inc. manufactures bicycle frames in two departments: cutting and welding. Manzer uses the weighted average method. Manufacturing costs are added uniformly throughout the process. The following...
-
Person A is investing in an existing partnership with two other partners. Partner A will contribute equipment that originally cost $53,000, has a book value of $33,000, and has a fair value of...
-
Adjusting entries are often required in accounting. Please describe the various types of adjusting entries and give at least three examples.
-
Do you think global warming will have an impact on you during your lifetime? A CbS News / New York times poll of 1000 adults in the United States asked this question (CbS News website, December,...
-
dditional questions 1. Boris is a trader in fresh fruits. During June 2017, he reported sales of $120,000. His opening stock was $26,000 and purchases for the month was $114,000. Mark up is 50%. What...
-
In Fig P2.11, sensor A reads 1.5 kPa (gage). All fluids are at 20°C. Determine the elevations Z in meters of the liquid levels in the open piezometer tubes B and C. ABC 2 m Air 1.5 m Gasoline 1m...
-
What standard classifications are used in preparing a classified balance sheet?
-
Define current assets. What basis is used for arranging individual items within the current assets section?
-
If Earth were hollow but still had the same mass and same radius, would your weight in your present location be more, less, or the same as it is now? Explain.
-
What security provides a good estimate of the short-term nominal risk-free rate?
-
Assume the following equation: \[ Q_{x}^{s}=-4+1 / 2 P_{x}-2 W \] where \(Q_{x}^{s}\) is the quantity of good \(X\) supplied, \(P_{x}\) is the price of good \(X\), and \(W\) is the wage rate paid to...
-
A person who makes a will. a. benefi ciary b. bequest c. codicil d. decedent e. devise f. executor g. holographic will h. inter vivos i. intestate j. personal representative k. residuary l. settlor...
-
What are the advantages of a formal reorganization under Chapter 11?
-
The person named in a will to administer the estate. a. benefi ciary b. bequest c. codicil d. decedent e. devise f. executor g. holographic will h. inter vivos i. intestate j. personal representative...
-
The European Union (EU) has put a tariff system in place on imports of bananas from Latin America. The rationale behind this tariff system is that the imports of cheap bananas may damage domestic...
-
Critical reading SAT scores are distributed as N(500, 100). a. Find the SAT score at the 75th percentile. b. Find the SAT score at the 25th percentile. c. Find the interquartile range for SAT scores....
-
What does the superparamagnetic limit mean for disk drives?
-
An inexperienced accountant for Blaufuss Company made the following errors in recording merchandising transactions. 1. A $175 refund to a customer for faulty merchandise was debited to Sales $175 and...
-
In 2010, Walter Payton Company had net sales of $900,000 and cost of goods sold of $540,000. Operating expenses were $230,000, and interest expense was $11,000. Payton prepares a multiple-step income...
-
Presented below is financial information for two different companies. Instructions(a) Determine the missing amounts.(b) Determine the gross profit rates. (Round to one decimalplace) Nam Mayo Company...
-
In response to a client request, draft an email that explains why you are unable to fulfill her request. Keeping her as a client is your primary goal, so remember that. The "Company Policy Excuse" is...
-
Share a situation in your personal or professional life that made you more aware that your perception had an impact on a communication exchange. Discuss two strategies for avoiding perceptual errors...
-
What are the primary purposes of corporate restructurin? when and why multi business corporations implement the restructuring strategy? Explain with Example
Study smarter with the SolutionInn App