Drefus, Inc

question 372

Multiple Choice

Drefus, Inc. has an inventory turnover of 15 and an accounts receivable turnover of 9. The accounts payable period is 51 days. What is the length of the cash cycle?

• A) 13.89 days
• B) 14.07 days
• C) 14.23 days
• D) 18.79 days
• E) 23.00 days

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