What was the length of the operating cycle


Linear Technology had sales (all on credit) of $36 million and a gross profit margin of 30% last year. If Linear Technology's inventory averaged $3.9 million, and its accounts receivable were $5.0 million, what was the length of its operating cycle?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What was the length of the operating cycle
Reference No:- TGS0675539

Now Priced at $5 (50% Discount)

Recommended (97%)

Rated (4.9/5)