#1159966
Michael Jackson, Inc. currently has an operating cycle of 154 days and a cash cycle of 38 days. The firm is implementing some changes that will reduce the inventory period by 16 days and decrease the receivables period by 4 days on average. The accounts payable period will be decreased by 4 days. How many days will be in the new cash cycle once all of these changes become effective?
Варианты ответа:
  • 15 days
  • 16 days
  • 22 days.
  • 55 days
  • 61 days
Курсы в категории: Экономика и управление