Question
Kal Electronics has an inventory turnover rate of 7.6, a receivables turnover rate of 11.5, and a payables turnover rate of 9.5. How long is
Kal Electronics has an inventory turnover rate of 7.6, a receivables turnover rate of 11.5, and a payables turnover rate of 9.5. How long is the operating cycle?
| 84.35 days | ||
| 79.77 days | ||
| 74.13 days | ||
| 69.52 days | ||
| 61.08 days |
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
Entrepreneurial Finance
Authors: Steven Rogers
4th Edition
1260461440, 978-1260461442
