A company has revenue of $2,043.693 million,accounts receivable of $159.503 million,average inventory of $71.505 million,and accounts payable of $157.210 million.How many days are the operating cycle and the cash conversion cycle?
A) 12.77 and 28.49
B) 41.26 and 28.08
C) 41.26 and 13.18
D) 13.18 and 41.26
Correct Answer:
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