Kurt's Entertainment has a receivables turnover rate of 14.8,a payables turnover rate of 10.4 and an inventory turnover rate of 22.6.What is the length of the firm's operating cycle?
A) 34.89 days
B) 39.80 days
C) 40.81 days
D) 42.56 days
E) 38.77 days
Correct Answer:
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