Bee's Honey Currently Has an Inventory Turnover of 28

question 105

Multiple Choice

Bee's Honey currently has an inventory turnover of 28.6, a payables turnover of 10.8, and a receivables turnover of 14.4.How many days are in the cash cycle?

• A)4.31 days
• B)2.70 days
• C)16.51 days
• D)24.39 days
• E)32.20 days

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