Solved

The Following Company Information Is Available How Long Is the Company's Cash Operating Cycle?
A) -25

Question 132

Multiple Choice

The following company information is available:  Days sales outstanding 30 Days sales in inventory 18 Days accounts payable outstanding 23\begin{array} { | l | l | } \hline \text { Days sales outstanding } & 30 \\\hline \text { Days sales in inventory } & 18 \\\hline \text { Days accounts payable outstanding } & 23 \\\hline\end{array}
How long is the company's cash operating cycle?


A) -25 days
B) +25 days
C) -12 days
D) +71 days

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents