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Suppose that Tucker Industries has annual sales of $6.30 million, cost of goods sold of...

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Finance

Suppose that Tucker Industries has annual sales of $6.30 million, cost of goods sold of $2.91 million, average inventories of $1,190,000, and average accounts receivable of $630,000. Assuming that all of Tucker's sales are on credit, what will be the firm's operating cycle? (Round your answer to 2 decimal places.)

Multiple Choice

  • 149.26

  • 185.76

  • 112.76

  • 36.50

Answer & Explanation Solved by verified expert
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