The fried green tomatoes restaurant increased its operating, Ask an Expert

Finance

The Fried Green Tomatoes Restaurant increased its operating cycle from 140 days to 148 days while the cash cycle decreased by 3 days. How have these changes affected the accounts payable period?

Increased by 5 day

Decreased by 5 days

Decreased by 1 day

Decreased by 11 days

Increased by 11 days

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91617730

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