A business analyses working capital movements and notes that their inventory takes 35 days to get sold,

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A business analyses working capital movements and notes that their inventory takes 35 days to get sold, their customers take 20 days to settle their invoices and they take 32 days to pay their suppliers.

What is the cash operating cycle for this business?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Mar 22, 2023 02:48 AM

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A business analyses working capital movements and notes that their inventory takes 35 days to get sold,

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The cash operating cycle for this business can be calculated as follows Ca... View the full answer

Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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