Question
ves Corp. has an inventory period of 23.8 days, an accounts payable period of 44.9 days, and an accounts receivable period of 35.6 days. What
ves Corp. has an inventory period of 23.8 days, an accounts payable period of 44.9 days, and an accounts receivable period of 35.6 days. What is the company's cash cycle?
Multiple Choice
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56.7 days
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33.1 days
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104.3 days
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59.4 days
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14.5 days
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Financial Accounting
Authors: Belverd E Needles, Marian Powers
10th Edition
0547193289, 9780547193281
