5. Using the table below and a 365-day year, calculate the length of the operating...
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5. Using the table below and a 365-day year, calculate the length of the operating cycle $ Inventories: Raw materials 250,000 Work in progress 115,000 Finished goods 186,000 Purchases 1,070,000 Cost of goods sold 1,485,000 Sales Receivables Trade payables A. 174 days. B. 182 days. C. 193 days. D. 293 days. 1,636,000 345,000 162,000
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