Walton Industries has an average inventory age of 95 days, an average accounts payable age of 65 days, and an average accounts receivable age of 70 days. What is the number of days in the cash flow cycle? A. 110 days B. 120 days C. 100 days D. 130 days

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
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Walton Industries has an average inventory age of 95 days, an average accounts
payable age of 65 days, and an average accounts receivable age of 70 days. What is
the number of days in the cash flow cycle?
A. 110 days
B. 120 days
C. 100 days
D. 130 days
Transcribed Image Text:Walton Industries has an average inventory age of 95 days, an average accounts payable age of 65 days, and an average accounts receivable age of 70 days. What is the number of days in the cash flow cycle? A. 110 days B. 120 days C. 100 days D. 130 days
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