Dexter and Francis Merchants (DFM) sell their inventory in 94 days on average. Their average customer charges purchase on a credit card whereby payment is received in 6 days. On the other
Hand, DFM takes 47 days on average to pay for their purchases. Given this information, what is the
Length of DFM's operating cycle?
A) 53 days
B) 88 days
C) 100 days
D) 135 days
E) 141 days
Correct Answer:
Verified
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