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If the average age of inventory is 75 days, the average age of accounts payable is 50 days, and the average age of accounts receivable is 85 days, the number of days in the cash flow cycle is: A. 110 days B. 105 days C. 100 days D. 90 days

If the average age of inventory is 75 days, the average age of accounts payable is 50 days, and the average age of accounts receivable is 85 days, the number of days in the cash flow cycle is: A. 110 days B. 105 days C. 100 days D. 90 days

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 8CDQ
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If the average age of inventory is 75 days, the average age of accounts payable is 50 days, and the average age of accounts receivable is 85 days, the number of days in the cash flow cycle is: A. 110 days B. 105 days C. 100 days D. 90 days
Transcribed Image Text:If the average age of inventory is 75 days, the average age of accounts payable is 50 days, and the average age of accounts receivable is 85 days, the number of days in the cash flow cycle is: A. 110 days B. 105 days C. 100 days D. 90 days
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