Question
A firm has an inventory turnover rate of 16, a receivables turnover rate of 21 and a payables turnover rate of 11. How long is
A firm has an inventory turnover rate of 16, a receivables turnover rate of 21 and a payables turnover rate of 11. How long is the operating cycle?
37.00 days
40.19 days
42.87 days
63.08 days
73.37 days
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Principles Of Food Beverage And Labor Cost Controls
Authors: Paul R. Dittmer, Gerald G. Griffin
6th Edition
0471293253, 978-0471293255
