Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Humana Inc estimates that the company takes 41 days on average to pay off its suppliers. It also knows that it has inventory period of

Humana Inc estimates that the company takes 41 days on average to pay off its suppliers. It also knows that it has inventory period of 79 days and accounts receivable period of 62 days. What is its cash cycle?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions