julietfan325 julietfan325
  • 15-08-2020
  • Business
contestada

The cash cycle measures the days required to produce finished goods or delivered services. true/false

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topeadeniran2 topeadeniran2
  • 15-08-2020

Answer: False

Explanation:

The cash cycle is also referred to as the cash conversion cycle and it is used to know the number of days it'll take companies to turn raw materials into making money.

It is the timeframe from buying raw materials for production purpose till the moment the product that was made is being sold and money gotten from the sale.

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