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5 The following ratios are available from the accounts of Pop Co Receivables payment period Finished goods inventory turnover period Raw materials inventory turnover period
5 The following ratios are available from the accounts of Pop Co Receivables payment period Finished goods inventory turnover period Raw materials inventory turnover period Payables payment period 24 days 23 days 3 days 28 days Calculate the length of Pop Co's cash cycle. A B C 6 days 26 days 32 days 88 days D The following ratios are available for Loopy Co. Inventory turnover period Payables payment period Receivables collection period 170 days 35 days 22 days Calculate the length of Loopy Co's working capital cycle A B C D 157 days 183 days 165 days 227 days
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