Dallas and More (D&M)sells Its Inventory in 87 Days on Average.Its

question 22

Multiple Choice

Dallas and More (D&M) sells its inventory in 87 days on average.Its average customer charges their purchases on a credit card and payment is received in 10 days.D&M takes 56 days on average to pay for its purchases.Given this information,what is the length of D&M's cash cycle?

• A)86 days
• B)31 days
• C)153 days
• D)97 days
• E)41 days

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