Multiple Choice
The operating cycle for Fiennes Welbart plc for the year ended 31 May 20X7 was 117.3 days.The average inventory turnover period for the year was 92.7 days and the average trades receivables turnover period for the year was 57.6 days.What was the average trade payables turnover period for the year?
A) 82.2 days
B) Insufficient information available
C) 33 days
D) 152.4 days
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Which of the following describes working capital?
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Q17: Which of the following is an element
Q18: Which of the following statements is incorrect?
Q19: Which of the following statements is correct?
Q20: Which of the following statements is correct?
Q22: Which of the following statements is correct?
Q23: Which of the following is a significant
Q24: Which of the following is an element
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