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The following information relates to a company: in Millions Credit Sales 24,000 Cost of goods sold 18,000 Average receivables 2,000 Inventory - Beginning balance 1,900

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The following information relates to a company: in Millions Credit Sales 24,000 Cost of goods sold 18,000 Average receivables 2,000 Inventory - Beginning balance 1,900 Inventory - Ending balance 2,200 Average payables 1,800 The operating cycle for this company is 72 days. The cash cycle is closest to: Select one: a. 68 Days b.51 Days OC.27 Days d. 36 Days

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