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Riverview Manufacturing has an average inventory age of 85 days, an average accounts payable age of 45 days, and an average accounts receivable age of 60 days. What is the number of days in the cash flow cycle? A. 90 days B. 100 days C. 140 days D. 190 days

Riverview Manufacturing has an average inventory age of 85 days, an average accounts payable age of 45 days, and an average accounts receivable age of 60 days. What is the number of days in the cash flow cycle? A. 90 days B. 100 days C. 140 days D. 190 days

Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter22: Providing And Obtaining Credit
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Riverview Manufacturing has an average inventory age of 85 days, an average accounts payable age of 45 days, and an average accounts receivable age of 60 days. What is the number of days in the cash flow cycle? A. 90 days B. 100 days C. 140 days D. 190 days
Transcribed Image Text:Riverview Manufacturing has an average inventory age of 85 days, an average accounts payable age of 45 days, and an average accounts receivable age of 60 days. What is the number of days in the cash flow cycle? A. 90 days B. 100 days C. 140 days D. 190 days
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