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What is the average billing to collection time

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Sacramento Consulting Group (SCG) sells $50 million in consulting services per year. Their accounts receivable average is $8 million (this is, in essence, SCG's WIP). What is the average billing to collection time (cycle time)? (Hint: instead of using # of entities, think about the Little's law with # of dollars going through the system.)

Reference no: EM131157322

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