Solved

Suppose Your Company Receives Trade Credit from Your Suppliers Which

Question 9

Multiple Choice

Suppose your company receives trade credit from your suppliers which allows you 10 days to pay for the goods you buy.You flow your inventory through your company every 30 days.You allow your customers 30 days to pay you.Your cash-to-cash cycle time is:


A) 10 days
B) 50 days
C) 70 days
D) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions