Geoff's Entertainment has a receivables turnover rate of 17.8 a payables turnover rate of 12.5 and an inventory turnover rate of 24.9.What is the length of the firm's operating cycle?
A) 34.89 days
B) 39.80 days
C) 35.61 days
D) 43.86 days
E) 49.71 days
Correct Answer:
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