Multiple Choice
Dallas and More (D & M) sells its inventory in 82 days on average. Its average customer charges his purchase on a credit card whereby payment is received in ten days. On the other hand,D & M takes 56 days on average to pay for its purchases. Given this information,what is the length of D & M's operating cycle?
A) 26 days
B) 36 days
C) 66 days
D) 92 days
E) 128 days
Correct Answer:
Verified
Correct Answer:
Verified
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