Answer : Correct option is 14.3 ; 59.8
Reason :
Cash Cycle = Inventory Period + Accounts Receivable Period - Accounts Payable Period
= 23.9 days + 35.9 days - 45.5 days
= 14.3 days
Operating Cycle = Inventory Period + Accounts Receivable Period
= 23.9 days + 35.9 days
= 59.8 days
2 pts Question 26 You are researching a company and find that it has an inventory...
You are researching a company and find that it has an inventory period of 22.4 days, an accounts payable period of 36.5 days, and an accounts receivable period of 31.4 days. The company's cash cycle is ___ days and its operating cycle is ___ days.
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