Wilson,Inc.has an inventory turnover rate of 14,an accounts payable period of 54 days and an accounts receivable period of 37 days.What is the length of the cash cycle?
A) -7.33 days
B) -2.00 days
C) 2.00 days
D) 7.33 days
E) 9.07 days
Correct Answer:
Verified
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