Question: The Fried Green Tomatoes Restaurant has increased its operating cycle from 99.6 days to 105.1 days while the cash cycle has decreased by 3.2 days.

The Fried Green Tomatoes Restaurant has increased its operating cycle from 99.6 days to 105.1 days while the cash cycle has decreased by 3.2 days. How have these changes affected the accounts payable period?

Multiple Choice

Decrease of 8.7 days

Decrease of 2.3 days

Increase of 5.5 days

Increase of 2.3 days

Increase of 8.7 days

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