Multiple Choice
BP has an operating cycle of 120 150 days, an average collection period of 40 days, and an average payment period of 30 20 days.Based on this information, BPs average age of inventory is ________ days.
A) 50130
B) 60
C) 7090
D) 80110
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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