If a company has an inventory turnover of 7.3 and a receivables turnover of 9.6, approximately how
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If a company has an inventory turnover of 7.3 and a receivables turnover of 9.6, approximately how long is its operating cycle?
a. 72 days
b. 88 days
c. 95 days
d. There is not enough information to calculate the operating cycle.
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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