Question
Franklin has an inventory turnover of 19.5 times, a payables turnover of 11.5 times, and a receivables turnover of 10.1 times. What is the company's
Franklin has an inventory turnover of 19.5 times, a payables turnover of 11.5 times, and a receivables turnover of 10.1 times. What is the company's cash cycle? Assume 365 days per year. Multiple choice:
43.70 days
23.12 days
14.32 days
26.42 days
49.16 days
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Populists Plungers And Progressives
Authors: Cedric B. Cowing
1st Edition
0691621993, 978-0691621999
