-5 How is a company's operating cycle determined? Multiple Choice Dividing cost of goods sold by average inventory. Dividing 365 days by the difference in the inventory turnover and receivable turnover. Adding the inventory turnover ratio to the receivables turnover ratio divided into 365 days. Adding the average number of days to sell inventory to the average number of days to collect receivables.

How is a company's operating cycle determined? Multiple Choice Dividing cost of goods sold by average inventory. Dividing 365 days by the difference in the inventory turnover and receivable turnover. Adding the inventory turnover ratio to the recelvables turnover ratio divided into 365 days. Adding the average number of days to sell inventory to the average number of days to collect receivables