Question: 3. Carter's currently has a 200 day operating cycle. The company is concentrating on increasing its receivables turnover rate from 10.0 to 12.5 times. What

3. Carter's currently has a 200 day operating cycle. The company is concentrating on increasing its receivables turnover rate from 10.0 to 12.5 times. What will the firm's new operating cycle be if it can effectively make this change?

Group of answer choices

170.80 days

181.97 days

192.70 days

207.30 days

218.03 days

4.

The Green Fiddle decreased its operating cycle from 155 days to 145 days while the cash cycle increased by 10 days. How have these changes affected the accounts payable period?

Group of answer choices

Decreased by 20 days

Decreased by 10 days

No change

Increased by 10 days

Increased by 20 days

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