Question
The difference between a companys operating cycle and its net operating cycle is: the number of days that it takes, on average, for the company
The difference between a companys operating cycle and its net operating cycle is:
| the number of days that it takes, on average, for the company to sell its inventory. | ||
| the number of days that it takes the company to pay on the accounts due its suppliers. | ||
| the number of days that it takes for the companys cash investment in inventory to result in cash collections from customers. |
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Entrepreneurial Finance Venture Capital Deal Structure And Valuation
Authors: Janet Kiholm Smith, Richard L. Smith
2nd Edition
1503603210, 978-1503603219
