It takes a company 80 days to convert its purchased raw materials into sold inventory, 50 days

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It takes a company 80 days to convert its purchased raw materials into sold inventory, 50 days to collect on its receivables from its customers, and 30 days to pay its own suppliers. This company has an operating cycle closest to:

A. 60 days.

B. 100 days.

C. 130 days.

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Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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Question Posted: Apr 25, 2024 03:32 AM

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It takes a company 80 days to convert its purchased raw materials into sold inventory, 50 days

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Analysis Of Financial Statements

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