The Operating Cycle for a Merchandiser That Makes Only Cash

Multiple Choice

The operating cycle for a merchandiser that makes only cash sales moves from:

A) Purchases of merchandise to inventory to cash sales.
B) Purchases of merchandise to inventory to accounts receivable to cash sales.
C) Inventory to purchases of merchandise to cash sales.
D) Accounts receivable to purchases of merchandise to inventory to cash sales.
E) Accounts receivable to inventory to cash sales.