How many days of working capital financing does Midas need

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Reference no: EM132610830

Question - Here are several ratios calculated from Midas Company's financial statements:

Days in Receivables = 45

Days in Payables = 36

Days in Inventory = 30

How many days of working capital financing does Midas need to obtain from other sources?

a. 56 days

b. 39 days

c. 26 days

d. 36 days

Reference no: EM132610830

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