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What is abbott operating cycle

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Reference no: EM132548673

Question 1: Abbot Corporation has an average collection period of 49 days, an inventory conversion period of 83 days, and a payables deferrable period of 36 days. What is Abbott's operating cycle?

A) 96 days

B) 70 days

C) 85 days

D) 132 days

Question 2: Clark Corporation has an average collection period of 7 days, an inventory conversion period of 30 days, and a payables deferrable period of 60 days. What is Clark's cash conversion cycle?

A) 97 days

B) 37 days

C) 23 days

D) -23 days

Reference no: EM132548673

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