Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. winery needs two months to make wine, two years to

Winery needs two months to make wine, two years to age it, one month to...

90.2K

Verified Solution

Question

Accounting

Winery needs two months to make wine, two years to age it, one month to bottle it, two months to sell it, and one month to collect the receivable. what is the operating cycle?

a. 12 months

b. 30 months

c. 6 months

d. 3 months

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1 point Rewrite the vector equation r t 3t i 1 5t j 4 3t...

Calculus
Q

Human males are thehomozygousheterozygoushomogameticheterogameticsex.

Biology
Q

Two identical point charges are kept at a distance d third point charge is placed...

Physics
Q

A tank of cross sectional area A is filled with a liquid A small orifice...

Physics
Q

13 Assume that the number of sides in the base of a pyramid is n...

Geometry
Q

At age 22 someone sets up an IRA individual retirement account with an APR of...

Basic Math
Q

Given the following information, what is Creed Companys retained earnings balance at the end of...

Accounting
Q

Thor "Super High Octane" Ericsson has signed 25 endorsement agreements but only 8 of those...

Accounting
Q

Bramble Industries had the following inventory transactions occur during 2020: The company sold 160 units...

Accounting
Q

34. M/s ABC, an eligible assessee, following mercantile system of accounting, carrying on eligible business...

Accounting
Q

Solve for the unknown interest rate in each of the following: Note: Do not round...

Accounting
Q

Exercise 8-3 (Algo) Preparing flexible budgets LO P1 Tempo Company's fixed budget (based on sales...

Accounting