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If the average age of inventory is 75 days, the average age of accounts payable is 45 days, and the average age of accounts receivable is 50 days, the number of days in the cash flow cycle is: A. 170 days B. 125 days C. 80 days D. 30 days

If the average age of inventory is 75 days, the average age of accounts payable is 45 days, and the average age of accounts receivable is 50 days, the number of days in the cash flow cycle is: A. 170 days B. 125 days C. 80 days D. 30 days

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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If the average age of inventory is 75 days, the average age of accounts payable is 45 days, and the average age of accounts receivable is 50 days, the number of days in the cash flow cycle is: A. 170 days B. 125 days C. 80 days D. 30 days
Transcribed Image Text:If the average age of inventory is 75 days, the average age of accounts payable is 45 days, and the average age of accounts receivable is 50 days, the number of days in the cash flow cycle is: A. 170 days B. 125 days C. 80 days D. 30 days
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