A company has an accounts payable period of 58 days,a collection period of 28 days,and a cash conversion cycle of 43 days.Calculate the operating period.
A) 15
B) 101
C) 86
D) 30
E) 28

Name: A company has an accounts payable period of 58 days,a collection period of 28 days,and a cash conversion cycle of 43 days.Calculate the operating period. A) 15 B) 101 C) 86 D) 30 E) 28
Brand: Quizplus
Rating: 4.9 (30 reviews)

Question

Quizplus · Accepted Answer

Operating period = Accounts payable period + cash conversion cycle
Operating period = 58 + 43 = 101

A Company Has an Accounts Payable Period of 58 Days,a