Dwyer Metals Has an Inventory Turnover of 16 and an Accounts

question 38

Multiple Choice

Dwyer Metals has an inventory turnover of 16 and an accounts receivable turnover of 10.The accounts payable period is 51 days.What is the length of the operating cycle?

• A)59.31 days
• B)62.57 days
• C)51.84 days
• D)65.03 days
• E)52.79 days

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