A company had an operating cycle of 110 days, a cash cycle of 40 days, and an accounts receivable period of so days. The company s inventory period and accounts payable period are
A . inventory period = 50 days ana accounts payable period – 150 flays
B. inventory period = 70 flays and accounts payable period = 50 flays
C. inventory period = 10 days and accounts payable period = 50 days
D. inventory period = 50 days and accounts payable period = 70 days
Answer: D
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