Gerald Promotions has a receivables turnover rate of 21.4 a payables turnover rate of 15 and an inventory turnover rate of 27.4.What is the length of the firm's operating cycle?
A) 42.52 days
B) 39.80 days
C) 30.38 days
D) 43.86 days
E) 49.71 days
Correct Answer:
Verified
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