9. The Cycle. The operating cycle of a firm, domestic or multinational, consists of the following time

Question:

9. The Cycle. The operating cycle of a firm, domestic or multinational, consists of the following time periods:

a. Quotation period

b. Input sourcing period

c. Inventory period

d. Accounts receivable period For each of these periods, explain whether a cash outflow or a cash inflow is associated with the begin- ning and the end of the period.

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