1.

On a companys financial statements, the following information is available:

APT (Accounts Payable Turnover) = 7

it takes 52 days on average to pay suppliers

INVT (Inventory Turnover) = 26

inventory stays in the company for 14 days on average before it is sold

ART (Accounts Receivable Turnover) = 30

it takes 12 days on average to be paid by the customer

Using this information, what is the Cash-to-Cash (C2C) cycle for this company? (For your calculations, round all values to the nearest whole number.)

Select one:

a. -50

b. -49

c. -26

d. -11

e. 26