If a firm has a cash cycle of 18 days and an operating cycle of 29 days, what is its payables turnover?
A) 11
B) 18
C) 29
D) 33.18

Name: If a firm has a cash cycle of 18 days and an operating cycle of 29 days, what is its payables turnover? A) 11 B) 18 C) 29 D) 33.18
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Question

Quizplus · Accepted Answer

Payables turnover = 365 days / (Operating cycle - Cash cycle) = 365 days / (29 days - 18 days) = 365 days / 11 days = 33.18

If a Firm Has a Cash Cycle of 18 Days