Business, 05.05.2020 10:53, geminigirl077

Dover Wholesalers sells products exclusively to Benn Retailer. Benn Retailer buys exclusively from Dover Wholesalers. Dover Wholesalers has a receivables period of 44 days, an inventory period of 8 days, and a payables period of 63 days. Benn Retailer has an inventory period of 15 days, a receivables period of 22 days, and a payables period of 44 days. Which statement is correct given this information? A) Benn Retailer has an operating cycle of 81 days. B) Dover Wholesalers is financing 100 percent of Benn Retailer's operating cycle. C) It takes Benn Retailer less time to collect payment on a sale than it does for the firm to sell its inventory. D) Dover Wholesalers has a cash cycle of 11 days. E) Dover Wholesalers has a shorter operating cycle than does Benn Retailer.

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Dover Wholesalers sells products exclusively to Benn Retailer. Benn Retailer buys exclusively from D...