A firm has an inventory turnover of 811 an inventory period
A firm has an inventory turnover of 8.11, an inventory period of 45 days, average inventory of $650,000, a receivables period of 32 days, and average payables of $750,000. What is its cash cycle?
A. 52 days
B. 39 days
C. 32 days
D. 25 days
Expected delivery within 24 Hours
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