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a. The time between purchase of raw materials and collection of cash
b. The time it takes to invest liquid funds
c. The time it takes for a check to get cleared in the bank
d. The maturity date of corporate bonds
e. The time between offering a marketable security and receiving funds
from sale of one
what is invested? and also when we will get back our investment return? This is the cycle
A) The time between purchase of raw materials and collection of cash is correct answer.
If we are talking about the Manufacturing business than option1 should be closest, if we talk about the service business than the option1 is totally wrong.
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