Question
A firm has an inventory turnover of 8.11, an inventory period of 45 days, average inventory of $650,000, a receivables period of 32 days, and
A firm has an inventory turnover of 8.11, an inventory period of 45 days, average inventory of $650,000, a receivables period of 32 days, and average payables of $750,000. What is its cash cycle?
| A. 52 days | |
| B. 39 days | |
| C. 32 days | |
| D. 25 days |
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
