Question: Please explain the solution to this general accounting problem with accurate explanations. A company has an operating cycle of 140 days and a cash cycle

Please explain the solution to this general accounting problem with accurate explanations.

A company has an operating cycle of 140 days and a cash cycle of 85 days. Using a 365-day year, what is its payables turnover ratio? (Round your answer to 2 decimal places.) A. 5.20 B. 6.64 C. 7.10 D. 6.87 E. 4.65

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