Question: Using the information below, compute the cycle efficiency: Days sales in accounts receivable 20 days Days sales in inventory 77 days Days payable outstanding 40

Using the information below, compute the cycle efficiency:

Days sales in accounts receivable 20 days
Days sales in inventory 77 days
Days payable outstanding 40 days

Multiple Choice

  • 56 days.

  • 97 days.

  • 42 days.

  • 57 days.

  • 73 days.

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