Question
You determined the following information for Big Rapid's Supplies: It has a receivables turnover rate of 23.5 a payables turnover rate of 12.5 and an
You determined the following information for Big Rapid's Supplies: It has a receivables turnover rate of 23.5 a payables turnover rate of 12.5 and an inventory turnover rate of 19.15. What is the length of the firm's operating cycle?
44.73 days
42.65 days
35.61 days
34.59 days
30.5 days
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
5th Edition
0030113172, 978-0030113178
