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PLEASE answer fast Question 7 Value Not yet answered Marked out of 3.00 p Flag question Item 68420 Value 56250 Credit sales Use the following
PLEASE answer fast
Question 7 Value Not yet answered Marked out of 3.00 p Flag question Item 68420 Value 56250 Credit sales Use the following information to answer the question below: $875 Cost of goods sold Item $1,150 Inventory $700 Accounts receivable Accounts payable What is the length of the cash cycle to the nearest day? O a. 101 days Ob. 110 days OC. 60 days Od 41 days Oe. 51 days COOLPA OD 15 1:08:51 0175 Question 5 Not yet answered Marked out of 3,00 P Flag question All else equal, which of the following will tend to lengthen the firm's cash cycle? O a Paying your suppliers more slowly than before. O b. Increasing the inventory turnover ratio. Oc. Allowing sale's customers to take 60 days to pay instead of 30. Next page od. Increasing the discount for sale's customers who pay early , Oe. Decreasing day's sales in receivablesStep by Step Solution
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