Mentha Company Currently Has the Following Statistics: Days in Inventory

question 34

Multiple Choice

Mentha Company currently has the following statistics: Days in inventory - 80
Operating cycle - 148
What is Mentha's days in accounts receivable?

• A)80 days
• B)68 days
• C)148 days
• D)Cannot be determined from the information given

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Definitions:

Purchasing

The buying of all the materials needed by the organization; also called procurement.