alleryStart learning →A firm holds stock 60 days, collects in 45 days and pays in 30 days. CCC?
A135 days
B75 days
C105 days
D15 days
Answer & Solution
Correct answer: B. 75 days
Operating cycle is 60 + 45 = 105 days; subtracting the 30 payable days gives 75 days.
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