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Kufour Marketing has an operating cycle of 5 4 . 7 days. It is planning some operational changes that are expected to decrease the accounts

Kufour Marketing has an operating cycle of 54.7 days. It is planning some operational changes that are expected to decrease the accounts receivable period by 3.2 days and decrease the inventory period by 1.9 days: Accounts payable turnover is expected to increase from 9 to 14 times per year. If all these changes are adopted, what will be the firm's new operating cycle?
Multiple Choice
59.8 days
53.4 days
52.2 days
56.0 days
49.6 days
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