Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Can anyone explain this please, thank you. What does the cash operating cycle, days in payables - (days in sales + days in inventory) tell
Can anyone explain this please, thank you.
What does the cash operating cycle, days in payables - (days in sales + days in inventory) tell analysts about a company? Firms that pay their suppliers prior to collecting from customers receive better credit terms from their suppliers All of the above Firms that pay their suppliers prior to collecting from customers turn their inventory quicker. Firms that pay their suppliers prior to collecting from customers have less stringent credit terms for their customers Firms that pay their suppliers prior to collecting from customers are less efficient in their operations and must finance their operating capital Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started