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A fiRm Has Average Inventory of $1,250,000, an Inventory Period

Question 211

Multiple Choice

A firm has average inventory of $1,250,000, an inventory period of 58 days, a receivables period of 32 days, and average payables of $810,000. What is its cash cycle?


A) 48 days
B) 52 days
C) 58 days
D) 67 days
E) 74 days

Correct Answer:

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