Question: The Fried Green Tomatoes Restaurant has increased its operating cycle from 95.7 days to 103.6 days while the cash cycle has decreased by 2.7 days.
The Fried Green Tomatoes Restaurant has increased its operating cycle from 95.7 days to 103.6 days while the cash cycle has decreased by 2.7 days. How have these changes affected the accounts payable period?
Group of answer choices
1.Increase of 4.7 days
2.no change
3.Increase of 10.6 days
4.decrease of 3.9 days
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