Multiple Choice
Candy Corner has an inventory turnover rate of 14.6,an accounts payable period of 43.7 days,and an accounts receivable period of 32.4 days.What is the length of the cash cycle?
A) 14.2 days
B) 11.8 days
C) 12.1 days
D) 17.3 days
E) 13.7 days
Correct Answer:
Verified
Correct Answer:
Verified
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