Question
The following question pertains to XYZ Corporation: Selected financial information (in thousands): Revenues $20,000 Cost of Goods Sold $13,000 Receivables $9,800 Payables $8,700 Inventory $6,900
The following question pertains to XYZ Corporation: Selected financial information (in thousands):
| Revenues | $20,000 |
| Cost of Goods Sold | $13,000 |
| Receivables | $9,800 |
| Payables | $8,700 |
| Inventory | $6,900 |
| Cash | $6,000 |
What is the operating cash cycle of XYZ Corporation?
a.
193 days.
b.
244 days.
c.
None of these answers
d.
179 days.
e.
128 days.
Clear my choice
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Fundamentals Of Institutional Asset Management
Authors: Frank J Fabozzi, Francesco A Fabozzi
1st Edition
9811220034, 9789811220036
