Multiple Choice
Wilson's has an inventory turnover rate of 16,an accounts payable period of 47 days,and an accounts receivable period of 37 days.What is the length of the cash cycle?
A) 32.81 days
B) −6.00 days
C) 2.00 days
D) 6.00 days
E) 12.81 days
Correct Answer:
Verified
Correct Answer:
Verified
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