Question
Which statement best describes the goal of management relation to the operating and capital investment cycle? (a) The goal is usually to make both as
Which statement best describes the goal of management relation to the operating and capital investment cycle?
(a) The goal is usually to make both as long as possible
(b) The goal is usually to make the operating cycles as long as possible, whilst the aim for the asset conversion cycle will vary
(c) Performance objectives relating to the operating and capital investment cycle are generally not worth measuring as they are largely impacted by things beyond the companys control.
(d) The goal is usually to make the operating cycles as short as possible, whilst extending the capital investment cycles as long as possible.
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