Cailey's Shoppe has an inventory period of 37 days, an accounts payable period of 44 days, and an accounts receivable period of 25 days. Management is considering an offer from their suppliers to pay within 15 days and receive a 7% discount. If the new discount is taken, the accounts payable period is expected to decline by 10 days. If the new discount is taken, the operating cycle will be _____ days.

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The Answer of Cailey's Shoppe has an inventory period of 37 days, an accounts payable period of 44 days, and an accounts receivable period of 25 days. Management is considering an offer from their suppliers to pay within 15 days and receive a 7% discount. If the new discount is taken, the accounts payable period is expected to decline by 10 days. If the new discount is taken, the operating cycle will be _____ days.

Cailey's Shoppe Has an Inventory Period of 37 Days, an Accounts