Question
A firm has an operating cycle of 110 days, an average collection period of 40 days, and an average payment period of 30 days. The
A firm has an operating cycle of 110 days, an average collection period of 40 days, and an average payment period of 30 days. The firm's average age of inventory is ________ days.
A
80
B
50
C
70
D
90
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Handbook Of Business Valuation
Authors: Thomas L. West, Jeffrey D. Jones
2nd Edition
0471297879, 978-0471297871
