Homework Answers
Answer : Correct option is 14.3 ; 59.8
Reason :
Cash Cycle = Inventory Period + Accounts Receivable Period - Accounts Payable Period
= 23.9 days + 35.9 days - 45.5 days
= 14.3 days
Operating Cycle = Inventory Period + Accounts Receivable Period
= 23.9 days + 35.9 days
= 59.8 days
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