Multiple Choice
Calculate the operating cash cycle in days if all sales are for cash,inventory is turned over 7 times a year and creditors are paid on average 5 times a year.
A) +20.9 days.
B) 52.1 days.
C) 125.1 days.
D) -20.9 days.
Correct Answer:
Verified
Correct Answer:
Verified
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