Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN: 9781337690881
Author: Jay Rich, Jeff Jones
Publisher: Cengage Learning
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If the average age of inventory is 75 days, the average age of
accounts payable is 45 days, and the average age of accounts
receivable is 50 days, the number of days in the cash flow cycle is:
A. 170 days
B. 125 days
C. 80 days
D. 30 days
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Transcribed Image Text:If the average age of inventory is 75 days, the average age of accounts payable is 45 days, and the average age of accounts receivable is 50 days, the number of days in the cash flow cycle is: A. 170 days B. 125 days C. 80 days D. 30 days
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Cornerstones of Financial Accounting
Accounting
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Cengage Learning