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What will be the firm operating cycle

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Suppose that LilyMac Photography has annual sales of $319,000, cost of goods sold of $159,000, average inventories of $3,900, and average accounts receivable of $24,400. Assume that all of LilyMac's sales are on credit.

What will be the firm's operating cycle? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Reference no: EM131173179

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