Question
An analyst gathered the following information: Inventory = $136,000 Cost of goods sold = $721,000 Number of days of receivables = 42 days Number of
An analyst gathered the following information:
Inventory = $136,000
Cost of goods sold = $721,000
Number of days of receivables = 42 days
Number of days of payables = 33 days
What is the company's operating cycle?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
2nd Edition
0324289235, 9780324289237
