sunainanain01 sunainanain01

29-07-2024
Social Studies

Answered

On average, D & M sells its inventory in 37 days, collects on its receivables in 3.4 days, and takes 35 days to pay for its purchases. What is the length of the firm’s operating cycle?
5.4 days
41.6 days
-1.4 days
40.4 days
33.6 days

Answer :

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