The following amounts are taken from a companys latest financial statements:

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answerhappygod
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The following amounts are taken from a companys latest financial statements:

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Sales revenue$3,074,000 -

Cost of Sales$1,884,000 -

Inventories$160,000 -

Trade receivables$514,000 -

Trade Payables$325,000 -
Based on the above amounts, what is the cash cycle of the company? (Assume one year is
365 days)
A. 21 days
B. 29 days
C. 41 days
D. 68 days
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