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If the average age of inventory is 80 days, the average age of accounts payable is 50 days, and the average age of accounts receivable is 70 days, the number of days in the cash flow cycle is: A. 200 days B. 100 days C. 60 days D. 120 days

If the average age of inventory is 80 days, the average age of accounts payable is 50 days, and the average age of accounts receivable is 70 days, the number of days in the cash flow cycle is: A. 200 days B. 100 days C. 60 days D. 120 days

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 4BE
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If the average age of inventory is 80 days, the average age of accounts payable is 50 days, and the average age of accounts receivable is 70 days, the number of days in the cash flow cycle is: A. 200 days B. 100 days C. 60 days D. 120 days
Transcribed Image Text:If the average age of inventory is 80 days, the average age of accounts payable is 50 days, and the average age of accounts receivable is 70 days, the number of days in the cash flow cycle is: A. 200 days B. 100 days C. 60 days D. 120 days
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