Metal Products Co.has an inventory period of 53 days,an accounts payable period of 68 days,and an accounts receivable turnover rate of 18.What is the length of the cash cycle?
A) 3.00 days
B) 5.28 days
C) 26.28 days
D) 71.00 days
E) 73.28 days
Correct Answer:
Verified
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