Suppose that Freddie's Fries has annual sales of $500,000, cost of goods sold of $375,000, average inventories of $9,000, average accounts receivable of $25,000, and an average accounts payable balance of $20,000. Assuming that all of Freddie's sales are on credit, what will be the firm's cash cycle?
A) 46.48
B) 1.22
C) 7.54
D) 27.01

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The Answer of Suppose that Freddie's Fries has annual sales of $500,000, cost of goods sold of $375,000, average inventories of $9,000, average accounts receivable of $25,000, and an average accounts payable balance of $20,000. Assuming that all of Freddie's sales are on credit, what will be the firm's cash cycle?
A) 46.48
B) 1.22
C) 7.54
D) 27.01

Suppose That Freddie's Fries Has Annual Sales of $500,000, Cost