The option that is best described as a complementary good for trucks is A. truck blogs.
What is complementary good ?A good that adds value to another good or service is said to be complimentary. To put it another way, they are two items that the client uses in tandem with one another. For instance, cereal and milk or a DVD and a DVD player.
A complementary good in economics is one whose appeal rises along with the appeal of its counterpart. Technically speaking, it exhibits a negative cross elasticity of demand, meaning that when the price of one commodity lowers, demand for it also rises.
Therefore, option A is correct.
Learn more about good at:
https://brainly.com/question/25785890
#SPJ1
Type the correct answer in the box Spell all words correctly
Identify the stage of personal selling in the given scenario
Jim works for a company that sells furniture. A young couple is currently asking him about a set of bedroom furniture. The couple is undecided about
the size of the bedside cabinets and so is unsure of the purchase. John is working on solving the couple's issues by answering questions in the best
way he can. Jim is involved in the
step of buying.
Jim works for a company that sells furniture. In the stage where he is working on solving the customer issues by answering questions in the best way he can, he is involved in the information gathering step of customer buying.
What is the Information athering step of customer buying?The information gathering process can begin once a consumer has identified their problem or need. The buyer has recognized the problem and is now looking for a suitable solution. That's all there is to it.
Consumers who want to find a solution to the problem that they have now identified can use a variety of information-gathering techniques. As technology has advanced, there has been a shift in these techniques over the last few years.
Read more about buying step
brainly.com/question/28878021
#SPJ1
Read the case, Trader Joe's, and the note, Competitive Advantage, in HBS packet and use the case Exhibit 2 in responding to the following question:
How do stores in the supermarket industry make money? Based on Exhibit 2 and the case information, what strategies did Whole Foods and Kroger pursue?
Stores in the supermarket industry make money by selling products at a markup over the cost of goods sold. They also generate revenue from services such as in-store banking and pharmacy. Additionally, they can earn profits through real estate development and rental income.
What is the Competitive Advantage, about?Based on Exhibit 2 and the case information, Whole Foods pursued a strategy of offering premium, organic, and natural products to attract higher-end customers. The company also focused on creating an in-store experience that appeals to customers, including offering prepared food and artisanal products. Whole Foods differentiated itself from traditional supermarkets by offering a unique shopping experience and a wide selection of high-quality products.
Kroger, on the other hand, pursued a multi-format strategy, offering both conventional supermarkets and upscale stores. Kroger also invested in technology and e-commerce capabilities to enhance its offerings and improve the shopping experience for customers. The company also focused on lowering costs through operational efficiencies and economies of scale. Kroger's strategy was to appeal to a wide range of customers by offering a mix of conventional and premium products at competitive prices.
Learn more about Competitive Advantage form
https://brainly.com/question/26514848
#SPJ1
PLEASE HELP!!
Which situation would cause the price of a product to increase the most?
A. Both the demand and the supply fall.
B. The demand falls while the supply rises.
C. Both the demand and supply rise.
D. The demand rises while the supply falls.
Answer:
D
Explanation:
It's d since if the demand of more of something that they have little of would increase the price the most
At presidential promise company, managers review a list of traits and place a check mark on the continuum
Performance reviews can assist organizations in determining how well employees carry out their job responsibilities and where workers can improve to more closely align with the organization's overall mission.
What are the objectives of performance appraisal?To put the right people in the right jobs, one must first determine the strengths and weaknesses of their employees. to keep up with and evaluate a person's potential for development. to give staff members feedback regarding their performance and related status. The employees' working habits can be influenced using this as a foundation.
A performance appraisal is a methodical, recurring process for evaluating a person's work output in comparison to the predetermined job requirements. It's a judgment of the employee's relative value to the company, strengths, and areas for improvement in the future.
Learn more about performance appraisal here:
https://brainly.com/question/15871666
#SPJ1
Which of the following is a disadvantage of renting over buying a home?
A. With each new lease, your rent can go up.
B. You must also pay thousands of dollars for things such as property taxes.
C. You will have fewer hassles when you decide to move.
D. If something breaks, you have to fix it or pay to have it fixed.
A disadvantage of renting over buying a home is that with each new lease, your rent can go up. The Option A is correct.
What are disadvantage of renting over buying?There is no end in sight when you rent. In fact, your rent will almost certainly rise each time you renew your lease. And that money goes toward your landlord's mortgage, community repairs that will be used to justify raising your rent even higher, and the upkeep of amenities you may never use.
In short, the landlord can increase the rent at any time, cannot build equity if you're renting a property,there are no tax benefits to renting a property, you cannot make any changes to your house or your apartment without your landlord's approval etc.
Read more about renting
brainly.com/question/28693274
#SPJ1
Answer:
1. If she decides to move, she will not have to deal with selling her home.
2. With each new lease, your rent can go up.
3. You are always driving a new car, which has the latest safety features.
4. It will charge him all the interest that would have accrued over the year.
5. He wants to get the rewards, and he did not want to open another credit card.
Explanation: I took the quick check
If someone rate all of the female managers lower than the male managers in leadership effectiveness because the rater believes that men are naturally better leaders than women, this is an example of
Compared to men, women typically exhibit more democratic and less autocratic approaches. Hence its a Example of Gender stereotypes .
What is Gender stereotypes ?Gender stereotypes are prescriptive ideas about how men and women "should" act and describe stereotypical beliefs about the characteristics of men and women.
Women are stereotyped with communal traits like care for others, sensitivity, warmth, helpfulness, and nurturing, whereas men are stereotyped with agentic traits like confidence, assertiveness, independence, rationality, and decisiveness .
The perception by some that women may be less effective than men in leadership positions despite the fact that they can be equally effective may have been influenced by gender stereotypes that portray women as warm, nurturing, and caring and the corresponding stereotypes of men as cold, competitive, and authoritarian.
Leearn more about stereotypes here
https://brainly.com/question/6562465
#SPJ1
Keisha took the report her colleague had written, changed the author's name to her own, and presented it to the company's chief executive. Keisha's human resources director found out what she did and told Keisha she wanted to talk to her about an ethical violation she committed. What is the director most likely going to say to Keisha?
Question 1 options:
You shared a trade secret without permission.
You plagiarized someone else's work.
You used website analytics illegally.
You posted inappropriate comments.
Answer:
B
Explanation:
Plagiarism is when someone lies about doing or making something they did not do. They take something from someone else and claim it is their own.
Someone made 80000 and paid 12000 child care what is credit
Someone made 80000 and paid 12000 child care, the credit is 68000
What is credit?Generally, Credit is an agreement between a lender and a borrower in which the lender provides money, goods, or services to the borrower in exchange for a promise from the borrower to repay the lender in the future.
The loan can be secured with collateral, such as a house, or unsecured, such as a credit card.
Credit is used to purchase goods and services, pay for education, buy a home, or finance other large expenses.
Read more about credit
https://brainly.com/question/12427467
#SPJ1
Income Statement. Owner’s Equity Statement. Balance Sheet. Statement of Cash Flows. Each of these statements provides important financial information to both internal and external users. Choose two of the above-mentioned statements and identify how internal and external users can use the information from those statements to make decisions.
Managers and other employees who use financial information to confirm past results and make adjustments for future activities are examples of internal users. External users are those who use financial information outside of the organisation to make decisions or evaluate an entity's performance.
Who are internal and external users?Internal users are people who use financial information within a company. Owners, managers, and employees are examples of internal users. External users are people who use accounting information outside of the business entity (organisation).
Managers are the most frequent users of financial statements because they require the information to perform their duties. The statements can be used by owners to determine whether their investment is safe and whether the company is providing an acceptable return on their investment.
Therefore, internal and external users can use the information from income statements to make decisions.
To learn more about internal and external users, click here:
https://brainly.com/question/29749401
#SPJ1
A company’s sales team is getting together for a meeting. They need a place to gather where they can also stay overnight.
This scenario best describes
catering event sales
meeting room sales
group sales
convention and conference sales
This scenario best describes convention and conference sales. Hence, option D is correct.
What is conference sales?a gathering or series of gatherings when employees involved in marketing a company's goods are informed about new goods and services and debate how they can be marketed successfully: The yearly sales conference in Paris drew 400 attendees.
Large-scale gatherings called marketing conferences bring people from the same sector together to learn more about marketing. A number of marketing conferences can be held in person or electronically. Webinars are one of the various kinds of marketing conferences. Workshop.
Thus, option D is correct.
For more information about conference sales, click here
https://brainly.com/question/13659669
#SPJ1
1) Nuru Meda Golf and Driving Range plc was opened on March 1 by Nuru. The following selected events and transactions occurred during March.
Mar. 1 Invested Br.120,000 cash in the business in exchange for ordinary shares.
3 Purchased Mechare Meda’s Golf Land for Br. 76,000 cash. The price consists of land Br. 20,000, building Br. 44,000, and equipment Br. 12,000. (Make one compound entry.)
5 Advertised the opening of the driving range and miniature golf course, paying advertising expenses of Br. 3,200.
6 Paid cash Br. 2,480 for a 1-year insurance policy.
10 Purchased golf equipment for Br.5,000 from Young Company, payable in 30 days.
18 Received golf fees of Br.2,400 in cash.
25 Declared and paid a Br.2,000 cash dividend. 30 Paid salaries and wages of Br.1,800.
30 Paid Young Company in full.
31 Received Br. 1,500 of fees in cash.
Snyder uses the following accounts: Cash, Prepaid Insurance, Land, Buildings, Equipment, Accounts Payable, Share Capital—Ordinary, Dividends, Service Revenue, Advertising Expense, and Salaries and Wages Expense.
Instructions
● Journalize the March transactions.
Nuru Meda Golf and Driving Range plc were opened on March 1 by Nuru. The selected events and transactions occurred during March.
How can the events be made into compound entries?The following compound entry can be made to account for the events and transactions that occurred during March: Debit Credit Cash 120,000 Land 20,000 Buildings 44,000 Equipment 12,000 Accounts Payable 5,000 Share Capital—Ordinary 120,000 Dividends 2,000 Service Revenue 2,400 Advertising Expense 3,200 Prepaid Insurance 2,480 Salaries and Wages 1,800 Fees 1,500
This compound entry records the initial investment of cash into the business, the purchase of Mechare Meda’s Golf Land, the payment of advertising expenses, the purchase of golf equipment on credit, the receipt of golf fees in cash, and the declaration and payment of a cash dividend.
The payment of salaries and wages, and the receipt of fees in cash.
Learn more about March, here:
https://brainly.com/question/3858365
#SPJ1
can someone please help me with this question!!!
A U.S. business sells milk to consumers in France which situation would most likely cause demand for milk to rise in France?
A. A popular French nutrition author claims that milk is bad for people's health
B. French consumers expect the price of milk to increase in the future
C. the French population declines steadily due to years of economic problems
D. Cheese and other products made from milk become less popular in France
Answer:
option D
Explanation:
D. Cheese and other products made from milk become less popular in France. A situation that would most likely cause demand for milk to rise in France is French consumers expect the price of milk to increase in the future.
1. In the News: Investors Gorge on Corporate Bonds after Fed "Capitulation" Part 2
I have completed the problem.
Is it correct?
When investors expected that the Federal Reserve would raise interest rates, the spreads over US Treasuries on both investment grade and junk bonds Increased. However, when the Federal Reserve "capitulated," spreads for both classes of corporate bonds decreased. The words increased and decreased are correct.
What is the Federal Reserve?The Federal Reserve System often shortened to the Federal Reserve, or simply the Fed is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics.
Particularly the panic of 1907 led to the desire for central control of the monetary system to alleviate financial crises.
Learn more about reserve, here:
https://brainly.com/question/13384376
#SPJ1
is important as someone can only accurately rate those aspects of a person’s work performance that they observe.
task assessment
task reviews
task information
task acquaintance
Task assessment is important as someone can only accurately rate those aspects of a person’s work performance that they observe.
How does task assessment help?Yes, it is important that someone can only accurately rate those aspects of a person's work performance that they observe. Task assessment, task reviews, and task information all rely on observation of the individual's performance in order to be effective.
This means that the person conducting the assessment, review, or gathering information should have direct and regular exposure to the individual's work in order to provide an accurate assessment of their performance.
Task acquaintance, or being familiar with the individual's work, is also important for accurate performance assessments, as it provides context and insight into the individual's abilities and responsibilities.
Read more on task assessment here:https://brainly.com/question/29809210
#SPJ1
An advertisement has been placed on your company’s and on major recruitment websites for a great opportunity to be employed as Country Manager at ABC insurance company in the UAE.
You read the job description and believe you are a fir for this position. You want to negotiate withthe General Manager, Dr David Smith, that you would like to excel and get promoted as the ‘Country Manager’, from your current position as the ‘Dubai’s Branch Manager’. This position will provide you with many opportunities such as a higher salary, more responsibilities, and utilizing more of your technical and leadership skills.
In addition, you have been working with the company since September 2015 as a full-time employee and have made enormous contributions to the organization. From your experience, you have also determined that Dr Smith is a ‘thinker’ personality type as per The Myers-Briggs Type Indicator. What would be your negotiation process?
Considering that General Manager Dr Smith has a "thinker" personality type to get a promotion, his negotiation process must be focused on details, analysis of the situation and the benefits.
What are the characteristics of the thinker personality type in MBTI?According to the Myers-Briggs Type Indicator approach, the thinker is the individual who seeks to explore theories in an analytical and detailed way, being an individual who uses logic and reason to determine his actions and behaviors.
Therefore, negotiating with an individual with a thinking personality should be focused on rationality and the exploration of possibilities and information, and the manager seeking a promotion should have all the details and information about such a situation for it to be successful.
Find out more about Myers-Briggs Type Indicator on:
https://brainly.com/question/28060906
#SPJ1
Taxes are imposed by the sovereign upon its subjects. Therefore, would it automatically follow that only its subjects would enjoy the same benefits from the sovereign?
One of the fundamental rights of the government is the ability to levy taxes, along with the powers of eminent domain and police authority. It is a basic quality of sovereignty. This implies that it only exists because of the State.
Why taxation is strictly imposed by the government?The fairness and equity of the tax system must be ensured. Governments must strike a balance between maintaining a fair and equitable tax system and achieving objectives like improved revenue mobilization, sustainable growth, and lower compliance costs.
The relative taxation of the affluent and the poor; corporate and individual taxpayers; urban and rural areas; the formal and informal economies; labor and investment income; and the older and younger generations are all fairness-related factors.
Learn more about taxation, here:
https://brainly.com/question/22066348
#SPJ1
Which is an example of a diversified portfolio?
A. A variety of stocks, bonds, and bank accounts
B. A variety of high-risk stocks
C. High-yield bonds and growth stocks
D. Multiple bank accounts with high interest
A variety of stocks, bonds, and bank accounts.
What Is Diversification?
A portfolio's investments are mixed together in a broad variety as part of the risk management approach known as diversification. To reduce exposure to any one asset or risk, a diversified portfolio combines a variety of different asset classes and investment vehicles.
This strategy is justified by the idea that a portfolio made up of many asset classes would, on average, produce superior long-term returns and reduce the risk of any one holding or security.
In order for the beneficial performance of certain assets to offset the bad performance of others, diversification aims to smooth out unsystematic risk occurrences in a portfolio. The benefits of diversity only apply if the assets in the portfolio are not fully linked; in other words, if they react to market factors differently, frequently in opposite directions.
to learn more about Diversification click:
https://brainly.com/question/29558669
#SPJ1
In at least 3 sentences for each, provide examples for how Ford Motor Company should market differently to Millennials
Ford Motor Company can market differently to Millennials in several ways, here are a few examples:
Focus on sustainability and environmentally friendly featuresEmphasize technology and connectivityUse social media and influencer marketingWhat is Ford Motor?Focus on sustainability and environmentally friendly features: Millennials are more environmentally conscious and want products that align with their values. Ford can market its electric and hybrid vehicles, as well as other sustainable features, to appeal to this demographic.
Emphasize technology and connectivity: Millennials are tech-savvy and highly connected, and they value cars with advanced technology and connectivity features. Ford can market its cars with features such as in-car entertainment systems, smartphone integration, and driver-assist technology to appeal to this group.
Lastly, the use social media and influencer marketing: Millennials are heavily influenced by social media and trust recommendations from friends and influencers. Ford can use social media and influencer marketing to showcase its cars, reach a larger audience, and drive engagement among this demographic.
Learn more about Ford Motor from
https://brainly.com/question/15878616
#SPJ1
$43.50+10% double their cost
The total cost would be $47.85.
Calculate the total costThe theory used in this question is the percentage increase/decrease theory.
This theory states that to calculate the percentage increase or decrease of a given number,
you must first multiply the number by the percentage (expressed as a decimal).
Then, you can add or subtract the result from the original number to calculate the new number.
In this case, we multiplied $43.50 by 0.10 to find the 10% increase. We then added that to the original number to find the total cost.
Explanation given below
1. Calculate the 10% of the cost:
$43.50 x 10% = $4.35
2. Add the 10% to the original cost:
$43.50 + $4.35 = $47.85
3. The total cost would be $47.85
To learn more about percentage increase/decrease theory refer :
brainly.com/question/30470847
#SPJ1
Laureen Maurer's salary a year ago was $52,000. If inflation during the year was 3.5 percent in Tampa where she lives, how much of a decline in her purchasing power occurred? Also what would be her purchasing power if a deflation of 1 percent occurred?
If a deflation of 1 percent occurred, then purchasing power would be = $51,480.
What is the purchasing power about?The decline in Laureen Maurer's purchasing power due to inflation of 3.5% can be calculated as follows:
$52,000 * 3.5% = $1,820
So, the decline in her purchasing power was $1,820.
To find out her purchasing power if there was a deflation of 1 percent, we need to calculate the decrease in salary:
$52,000 * 1% = $520
So, her purchasing power would be $52,000 - $520 = $51,480.
Learn more about purchasing power form
https://brainly.com/question/16467725
#SPJ1
If a business owner wants to succeed, their business has to find their competitive advantage within one of the four main types of competitive structures: perfect competition, monopolistic competition, oligopoly, and monopoly. Select two different types of businesses in your community and determine the competitive advantage of each within its competitive structure. Name the businesses you selected and explain what products or services they sell that make them fit in that structure.
Business 1: A local coffee shop. The competitive structure it operates within is monopolistic competition. The competitive advantage of this coffee shop is its unique blend of coffee beans, cozy ambiance, and friendly customer service.
What is the competitive advantage?Business 2: A local grocery store. The competitive structure it operates within is oligopoly. The competitive advantage of this grocery store is its convenience, variety of fresh produce, and low prices.
Therefore, These are just examples and the actual businesses in your community may be different, but the idea of finding a unique selling point or advantage within the competitive structure they operate in is a common factor for success.
Learn more about competitive advantage from
https://brainly.com/question/26514848
#SPJ1
what first step did you take before answering the problem
The first step to take before you answer the problem is defining the problem.
How to answer a problem ?The first step in problem-solving is defining and understanding the problem. This involves gathering information, clarifying the issue, and identifying the root cause. Once the problem has been clearly defined, it becomes easier to develop potential solutions and find the best course of action.
Naturally, identifying the issue is the first step in solving a problem. If there isn't even an issue, how could you possibly solve it? The following phase is information collecting to learn more about the problem once it has been identified.
Find out more on answering problems at https://brainly.com/question/26092659
#SPJ1
Although the ___________can promote a competitive and achievement-based culture, it can also undermine teamwork, decrease employees’ desire to help each other, and encourage an “everyone for himself or herself” attitude.
According to the law, both employers and employees must make contributions to these funds.
What is competetion ?Employers must deduct Social Security tax at a rate of 6.2% from gross pay, up to the Social Security wage base.
Management by Objectives (MBO) is an appraisal technique in which managers and staff jointly decide what goals should be prioritised during a certain appraisal period then plan, organise, and communicate those goals.
Employers are required to pay eligible workers their 13th month's wages by December 24 of each year. Employers can choose to pay it in two instalments instead of one lump sum, often in June and December.
Learn more about competetition here
https://brainly.com/question/14279448
#SPJ1
Which is the best example of the concept of event marketing
Compare the risk of fire with the risk of war in terms of how well they meet the requirements of an ideally insurable risk
In case of a loss due to fire, the quantum of loss can be determined and measured clearly. In the case of war losses, the measurement of losses is difficult.
What is the comparison of the risks of fire with the war in terms of an ideally insurable risk?The probability of a fire loss can be calculated using models and taking into account the variables likely to cause a fire. In the case of a war, the probability is very difficult to calculate. It is almost impossible. Premiums in the case of fire insurance are economically feasible. In the case of wars, considering the potential of large-scale destruction and losses, the premium would not be economically feasible. There are a large number of exposure units in the case of fire insurance as there are hundreds and thousands of homes and establishments that are protected through insurance.
In the case of war, it will not be possible to determine the number of wars that are likely to occur.
Learn more about fire, here:
https://brainly.com/question/28901632
#SPJ1
what does “facts” stand for when looking for a job
Families Acting for Community Traffic Safety, or FACTS, is an acronym. Students can create and carry out projects that promote wearing a seatbelt, driving while intoxicated, and other safe driving practices through this program.
Which best describes a fact?A verifiable statement is referred to as a fact. It can be demonstrated to be true or false using unbiased evidence. A statement that expresses a sentiment, attitude, value assessment, or conviction is referred to as an opinion. It's a statement that can't be proven to be true or false.
Fact is a derivative of the Latin factum. The same definition of "a thing is done or performed," which is no longer accurate, was first used in English. The phrase "something that has really happened or is the case" has been used frequently since the middle of the 16th century.
Learn more about Fact here:
https://brainly.com/question/14979032
#SPJ1
What might some of the implications of this demographic trend be for a) pharmaceutical companies, b) the home construction industry?
The implications of demographic trend are age, sleep and food habits; nutrition; physical activity; emotional well-being; physical disability; cultural variables; life events; social support; financial resources.
What is Demographic Trend?A common word describing any detectable change in a population's features over time, such as increasing or reduced concentration of a certain ethnic group, sex ratio, and so on is called as Demographic Trend.
Demographic shift can have an impact on the economy's underlying growth rate, structural productivity growth, living standards, savings rates, consumption, and investment.
Declining birth and mortality rates can have contrasting effects on the pharmaceutical and house construction industries.
Age, sleep and dietary habits; nutrition; physical activity; mental well-being; physical impairment; cultural variables; life events; social support; financial resources are all linked to aging.
Learn more about Demographic here;
https://brainly.com/question/13146758
#SPJ1
A few years ago, in order to gain market share, DelRay™, a well-known learning management system software company used by many colleges and universities, joined forces with WEB Cast™, another learning management system software company. Both companies were in the same industry and originally competed against one another. In business, we would call the joining of these two firms a(n
In business, we would call the joining of these two firms a horizontal merger is the joining of two firms in the same industry, often producing very similar products or services. This strategic move is usually for the purchasing firm to increase its market share and competitive advantage.
What is business?Business is the practice of making one's living or making money by producing or buying and selling products. It is also any activity or enterprise entered into for profit. Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner's possessions.
Learn more about business, here:
https://brainly.com/question/29896340
#SPJ1
Journalize the adjusting entry needed at December 31 for each of the following independent situation.
a. On October 1, we collected $6,000 rent in advance for a year.
b. Interest revenue of $800 has been earned but not yet received.
c. Salary expense is $1,500 per day and the business pays employees each Friday. Dec. 31 falls on a Wednesday.
d. The unadjusted balance of the supplies account is $3,100. Supplies on hand total $1,200.
e. Equipment was purchased last year at a cost of $10,000. The equipment's useful life is 4 years. Record the year's dep
f. On September 1, we prepaid $1,200 for a two year insurance policy.
(yearly basis)
The Rent Revenue will be 6,000, Unearned Rent Revenue will be 6,000, Interest Revenue will be 800 , Salary Expense will be 7,500, Supplies Expense will be 2,900, Depreciation Expense will be 2,500, Accumulated Depreciation will be 2,500 , Insurance Expense will be 600 and Prepaid Insurance will be 600.
What is Depreciation Expense?
Depreciation Expense is an accounting concept used to spread out the cost of an asset over its useful life. It is a non-cash expense that is used to reduce the value of a fixed asset on the balance sheet over its useful life. When an asset is acquired, the cost of the asset is spread out over the years that it is expected to be useful. This is done by charging a certain amount of the cost to the income statement each year as an expense, thus reducing the value of the asset on the balance sheet. Depreciation Expense is used to represent the decline in value of the asset due to its usage, wear and tear, and obsolescence.
So, These are the required answers.
To learn more about Depreciation Expense:
https://brainly.com/question/25530648
#SPJ1
A firm’s operating cycle is never longer than its cash conversion cycle. True or false
A shorter operational cycle could result in a shorter cash cycle, but vice versa is also possible. As a result, it's critical that firms look at both of these cycles independently and together.
Firm’s operating cycle and its conversion cycleThe operating cycle does not take into account how long it takes to pay suppliers, in contrast to the cash flow cycle. Your cash flow cycle will be shorter as suppliers wait longer to get payment.
While a longer operational cycle may result in a longer cash cycle, a shorter operating cycle may lead to one. Therefore, it's crucial for businesses to examine both these cycles separately and collectively.
The amount of days that pass between the time you buy goods and the time customers pay for it is known as the operating cycle. The amount of days that pass between when you purchase merchandise and when you get payment from your clients for that inventory is known as the cash conversion cycle.
Learn more on Firm's operating cycle here: https://brainly.com/question/26482515
#SPJ1