The accounts payable turnover rate is expected to increase


Your firm currently has an operating cycle of 64 days. You are analyzing some operational changes which are expected to decrease the accounts receivable period by 3 days and decrease the inventory period by 2 days. The accounts payable turnover rate is expected to increase from 7 to 9 times per year. Before these changes take place, what is the company's cash cash cycle? (choose the closest answer.)

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Financial Management: The accounts payable turnover rate is expected to increase
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