Question
Given the following financial data for the Smith Corporation, calculate the length of the firm's operating cycle (OC). Sales $2,610,000 Cost of Good Sold $2,088,000
Given the following financial data for the Smith Corporation, calculate the length of the firm's operating cycle (OC).
Sales $2,610,000
Cost of Good Sold $2,088,000
Inventory $ 278,400
Accounts Receivable $ 471,250
a.None of the choices given
b. 48 days
c. 113 Days
d. 17 Days
e. 65 days
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Real Estate Investment Strategies Structures Decisions
Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
