OPTIONS ARE

TREE NURSERY

FAST FOOD RESTUARANT

APPLIANCE STORE

ELECTRIC UTILITY

CLOTHING STORE

Operating Cycle Below are operating cycles for various business. Required: Match each business with a description of the operating cycle for that business. a. Very short-customers typically pay cash, and inventory is often held less than 1 day. Business b. A few months-merchandise is typically on hand for several weeks, and some customers may use credit. Business c. More than 1 year-merchandise may be in inventory for several months, and most customers will pay for purchases after 1 or 2 years. Business d. Several years-a number of years are required to prepare merchandise for sale. Customers probably pay cash for most items. Business e. A few months-customers pay monthly. The current assets used to provide customer services are consumed within a few months. Business