Wislon Has an Inventory Turnover Rate of 15, a Trade

question 89

Multiple Choice

Wislon has an inventory turnover rate of 15, a trade payables period of 54 days and a trade receivables 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.