please answer the following GPR, Inc., has an inventory turnover of 21.12 times,...

90.2K

Verified Solution

Question

Finance

please answer the following

image

GPR, Inc., has an inventory turnover of 21.12 times, a payables turnover of 12.23 times, and a receivables turnover of 8.34 times. What is the length of the company's cash cycle? Assume 365 days per year. Multiple Choice 90.89 days O 56.33 days 31.20 days

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students