ACC 400 AID Successful Learning / acc400aid.com ACC 400 AID Successful Learning / acc400aid.com | Page 7
Accounts receivable turnover 9.0 times
Inventory turnover 8.0 times
Net income percentage 12.5%
Return on equity 22.6%
Return on assets
9.8%
To the nearest day, what is the operating cycle for Zelma?
a) 80 days
b) 86 days
c) 172 days
d) 129 days