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Find what will be the firm operating cycle

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Reference no: EM132707818

Problem 1: Suppose that gabe has annual sales of $2 million, cost of goods sold of $950000, average inventories of 45000, and average accounts recieveable of $90000. Assuming that all of gabe's sales are on credit, what will be the firm's operating cycle?

a. 33.72
b. 16.43
c. 0.85
d. 17.29

Reference no: EM132707818

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