32.
The following information is available for a company and the industry in which it competes:
Company IndustryAccounts receivable turnover 5.6 times 6.5 timesInventory turnover 4.2 times 4.0 timesNumber of days of payables 28 days 36 daysOperating cycle ? 147 daysCash conversion cycle 124 days ?399388 Relative to the industry, the company's operating cycle: A. is shorter, but its cash conversion cycle is longer. B. and cash conversion cycle are both longer. C. is longer, but its cash conversion cycle is shorter.
