9. JX Limited has a receivables collection period of 47 days, a payables payment period of 36 days and an inventory holding period of 21 days. What is the length of the operating cycle? A 10 days. 32 days. 62 days. 68 days. B C D

9. JX Limited has a receivables collection period of 47 days, a payables payment period of 36 days and an inventory holding period of 21 days. What is the length of the operating cycle? A 10 days. 32 days. 62 days. 68 days. B C D

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

9.
JX Limited has a receivables collection period of 47 days, a payables payment period of 36 days
and an inventory holding period of 21 days. What is the length of the operating cycle?
A
10 days.
32 days.
62 days.
68 days.
B
C
D

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