Based on the data below, determine the cash-to-cash cycle time for Company D and Company F. Company D Company F Days in inventory 20 days 10 days Days in Accounts Receivable 10 days 14 days Days in Accounts Payable 21 days 29 days A. 51 days for Company D; 53 days for Company F. B. 31 days for Company D; 25 days for Company F. C. 9 days for Company D; -5 days for Company F D. 11 days for Company D; 33 days for Company F.
Based on the data below, determine the cash-to-cash cycle time for Company D and Company F. Company D Company F Days in inventory 20 days 10 days Days in Accounts Receivable 10 days 14 days Days in Accounts Payable 21 days 29 days A. 51 days for Company D; 53 days for Company F. B. 31 days for Company D; 25 days for Company F. C. 9 days for Company D; -5 days for Company F D. 11 days for Company D; 33 days for Company F.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 12MCQ: Smoltz Company reported the following information for the current year: cost of goods sold,...
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Transcribed Image Text:Based on the data below, determine the cash-to-cash cycle time for
Company D and Company F.
Company D Company F
Days in inventory
20 days
10 days
Days in Accounts Receivable 10 days
14 days
Days in Accounts Payable 21 days
29 days
A. 51 days for Company D; 53 days for Company F.
B. 31 days for Company D; 25 days for Company F.
C. 9 days for Company D; -5 days for Company F
D. 11 days for Company D; 33 days for Company F.
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