Consider the following factors – Gross operating cycle - 80 days; Net operating cycle - 55 days; Raw material holding period - 40 days, Conversion period - 2 days; Finished goods holding period - 20 days; Average collect

CS Executive · Financial and Strategic Management · PYQS · December 2019
Consider the following factors – Gross operating cycle - 80 days; Net operating cycle - 55 days; Raw material holding period - 40 days, Conversion period - 2 days; Finished goods holding period - 20 days; Average collection period will be :
(A) 87 days
(B) 37 days
(C) 18 days
(D) 62 days

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Management

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic