alleryStart learning →A trader sells stock after 40 days, debtors pay after 30 days, suppliers are paid after 55 days. CCC?
A65 days
B15 days
C-15 days
D125 days
Answer & Solution
Correct answer: B. 15 days
40 + 30 = 70 days operating cycle, less 55 days of credit taken, leaves 15 days.
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