Dallas and More (D & M) Sells Its Inventory in 82

question 95

Multiple Choice

Dallas and More (D & M) sells its inventory in 82 days on average. Its average customer charges his purchase on a credit card whereby payment is received in ten days. On the other hand,D & M takes 56 days on average to pay for its purchases. Given this information,what is the length of D & M's operating cycle?

• A) 26 days
• B) 36 days
• C) 66 days
• D) 92 days
• E) 128 days