Question 12 (4 points) = 1) Listen Kennesaw Corp. has an inventory turnover of 5.2 and marks up the inventory an average of 20 percent over its acquisition cost. If the accounts payable period is 52 days and the accounts receivable period is 42 days, what is the operating cycle? 1) 105.02 days 2) 125.02 days 3) 131.83 days 4) 138.00 days Question 13 (4 points) Listen Which of the following actions are associated with a flexible short-term financial policy? 1- high investments in marketable securities Il- minimal credit sales III- large inventory holdings IV- high level of accounts payable 1) I and III only 2) Il and Ill only 3) I and IV only 4) III and IV only Question 12 (4 points) = 1) Listen Kennesaw Corp. has an inventory turnover of 5.2 and marks up the inventory an average of 20 percent over its acquisition cost. If the accounts payable period is 52 days and the accounts receivable period is 42 days, what is the operating cycle? 1) 105.02 days 2) 125.02 days 3) 131.83 days 4) 138.00 days Question 13 (4 points) Listen Which of the following actions are associated with a flexible short-term financial policy? 1- high investments in marketable securities Il- minimal credit sales III- large inventory holdings IV- high level of accounts payable 1) I and III only 2) Il and Ill only 3) I and IV only 4) III and IV only