Metropolitan Realty currently has 54 days in its cash cycle and 98 days in its operating cycle.The firm purchases its entire inventory from one supplier.This supplier has offered a 2.5 percent discount on all purchases if Metropolitan will pay in 7 days.If the market opts to take advantage of the discount offered, its new operating cycle will be _____ days and its new cash cycle will be _____ days.

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The Answer of Metropolitan Realty currently has 54 days in its cash cycle and 98 days in its operating cycle.The firm purchases its entire inventory from one supplier.This supplier has offered a 2.5 percent discount on all purchases if Metropolitan will pay in 7 days.If the market opts to take advantage of the discount offered, its new operating cycle will be _____ days and its new cash cycle will be _____ days.

Metropolitan Realty Currently Has 54 Days in Its Cash Cycle