Candy Corner has an inventory turnover rate of 13,an accounts payable period of 44 days,and an accounts receivable period of 35 days.What is the length of the cash cycle?
A) 4.00 days
B) 22.00 days
C) 12.00 days
D) 17.33 days
E) 19.08 days
Correct Answer:
Verified
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