Kurts enterprises has a receivables turnover rate of 118 a, Ask an Expert

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Kurt's Enterprises has a receivables turnover rate of 11.8, a payables turnover rate of 12.4, and an inventory turnover rate of 15.6. What is the length of the firm's operating cycle?

A. 24.89 days
B. 39.80 days
C. 54.33 days
D. 72.56 days
E. 83.77 days

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9866461

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