Candy Corner Has an Inventory Turnover Rate of 14

question 14

Multiple Choice

Candy Corner has an inventory turnover rate of 14.6,an accounts payable period of 43.7 days,and an accounts receivable period of 32.4 days.What is the length of the cash cycle?

• A)14.2 days
• B)11.8 days
• C)12.1 days
• D)17.3 days
• E)13.7 days

---

Definitions:

Abduction

The action or an instance of forcibly taking someone away against their will.

Romantic Bliss

A state of profound happiness and fulfillment within a romantic relationship, often characterized by mutual love and understanding.

Good Friends

People with whom one shares a bond of mutual affection, trust, and support, excluding family or sexual relations.

Over Time

Refers to events, developments, or processes occurring gradually through a period.