Place the crab cakes into the oven on the broiler rack, right below the broiler, for around 12 minutes. Halfway through the 12 minutes, remove the crab cakes from the broiler rack, flip the crab cakes, and put them back under the broiler. Once complete, the crab cakes should appear golden brown.
Operational efficiency. In a business context, operational efficiency can be defined as the ratio between an output gained from the business and an input to run a business operation. When improving operational efficiency, the output to input ratio improves.
Definition: An operating cycle is the amount of time a company spends between spending money operating activities and collecting money from the same operating activity. Operating cycle often focus on the purchase and sale of assets. What Does Operating Cycle Mean? GAAP requires that assets and liabilities must be broken out into current and non-current categories on a balance sheet. This allows the financial statement user to see what assets will be used and what liabilities will come due in the current year or current operating cycle. Example. For instance a retailerâs operating cycle would be the time between buying merchandise inventory and selling the ...