What is the length of the cash cycle
Wislon, Inc. has an inventory turnover rate of 15, an accounts payable period of 54 days and an accounts receivable period of 37 days. What is the length of the cash cycle?
A. -7.33 days
B. -2.00 days
C. 2.00 days
D. 6.50 days
E. 7.33 days
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Assuming the interest rate for this lease is 10%, how much interest revenue will Princess record in 2012 on this lease?
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