For a company that takes an average of 40 days to sell inventory,takes an average of 90 days to collect for its sales,and has payment terms of 60 days on its purchases,what is the financing period? Show calculations.

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The Answer of For a company that takes an average of 40 days to sell inventory,takes an average of 90 days to collect for its sales,and has payment terms of 60 days on its purchases,what is the financing period? Show calculations.

For a Company That Takes an Average of 40 Days