Accountancy, asked by sivarajshekar2099, 11 months ago

If a firm has a cash cycle of 25 days and an operating cycle of 80 days, what is its payables turnover?

Answers

Answered by manish2808
0

Answer:

Payables turnover = 80 - 25 = 55 Days.

Explanation:

Operating cycle Less Cash cycle

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