31) Nadiah Enterprise has beginning inventory of RM15,002, accounts payable of RM7,015, and accounts receivable of...

 

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31) Nadiah Enterprise has beginning inventory of RM15,002, accounts payable of RM7,015, and accounts receivable of RM6,244. The end of year values are RM11,000 for inventory, RM6,898 for accounts payable, and RM8,005 for accounts receivable. Net sales are RM150,100 and costs of goods sold are RM53,250. How many days are in the cash cycle? * O A) 58.73 days B) 80.2 days C) 55.8 days D) 97.9 days 31) Nadiah Enterprise has beginning inventory of RM15,002, accounts payable of RM7,015, and accounts receivable of RM6,244. The end of year values are RM11,000 for inventory, RM6,898 for accounts payable, and RM8,005 for accounts receivable. Net sales are RM150,100 and costs of goods sold are RM53,250. How many days are in the cash cycle? * O A) 58.73 days B) 80.2 days C) 55.8 days D) 97.9 days

Answer rating: 100% (QA)

Answer to Question 31 Average Inventory RM15002 RM11000 2 Average Inventory RM13001 Averag... View the full answer