The following company information is available: Days sales outstanding 27 Days sales in inventory 19 Days accounts payable outstanding 29 How long is the company's operating cycle? Group of answer choices 56 days 8 days 75 days 46 days

The following company information is available: Days sales outstanding 27 Days sales in inventory 19 Days accounts payable outstanding 29 How long is the company's operating cycle? Group of answer choices 56 days 8 days 75 days 46 days

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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What is the ratio that measures the number of days on average the company takes to turn its inventory into sales? Days sales outstanding Days inventory outstatnding Days payable outstatnding Days order outstanding
Please read and asnwer question using table provided.