Multiple Choice
Which of the following statements is correct? The operating cycle is calculated as:
A) The average inventory turnover period - the average trade payables period - the average trade receivables period
B) The average inventory turnover period + the average trade receivables period - the average trade payables period
C) The average trade receivables period + the average trade payables period - the average inventory period
D) The average trade receivables period + the average trade receivables period + the average trade payables period
Correct Answer:
Verified
Correct Answer:
Verified
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