QUESTION 6 Zucha Corporation has an inventory period of 55 days, an accounts receivable (A/R) period of 6 days, and an accounts payable (A/P) period…
QUESTION 6
- Zucha Corporation has an inventory period of 55 days, an accounts receivable (A/R) period of 6 days, and an accounts payable (A/P) period of 3 days. The company’s annual sales is $182,795. What is the length of the operating cycle?
A 9 days
B 58 days
C 61 days
D 64 days
E 52 days
