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New Oaks Winery requires 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. Its operating cycle is:.

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sandlee09

Answer:

30 Months.

Explanation:

According to my research on business process', I can say that based on the information provided within the question the operating cycle for New Oaks Winery is 30 Months. This is because a business' operating cycle is the amount of time required for a business to make the initial amount cash needed to produce more goods, sell them, and receive more cash from the clients. In this situation this is calculated like so.

2 months (make wine) + 24 months (aging) + 1 month (bottling) + 2 months (selling) + 1 month (cashing in) = 30 months (operating cycle)

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