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1 4 . What is an operating cycle? A metric that expresses the time ( measured in days ) it takes for a company to
What is an operating cycle?
A metric that expresses the time measured in days it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
The time it takes a company to buy goods, sell them and receive cash from the sale of said goods.
The process of hiring personnel to conduct the daily operations of the business.
collective process of identifying, analysing, and recording the accounting events of a company.
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