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Szabo Company Computed the Following Data for 2012 The Estimated Operating Cycle for 2012 Is:
A)97

Question 14

Multiple Choice

Szabo Company computed the following data for 2012.  Days’ sales in receivables 38.7 days  Accounts receivable turnover 9.6 times  Accounts receivable turnover in days 35.1 days  Days’ sales in inventory 68.5 days  Merchandise inventory turnover 5.9 times  Inventory turnover in days 58.7 days \begin{array}{ll}\text { Days' sales in receivables } & 38.7 \text { days } \\\text { Accounts receivable turnover } & 9.6 \text { times } \\\text { Accounts receivable turnover in days } & 35.1 \text { days } \\\text { Days' sales in inventory } & 68.5 \text { days }\\\text { Merchandise inventory turnover } & 5.9 \text { times } \\\text { Inventory turnover in days } & 58.7 \text { days }\\\end{array} The estimated operating cycle for 2012 is:


A) 97.4 days.
B) 107.2 days.
C) 93.8 days.
D) 108.0 days.
E) 90.7.

Correct Answer:

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