If days inventory for Fab40 retail outlet was 35 days and days creditors was 12 days, calculate
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If days inventory for Fab40 retail outlet was 35 days and days creditors was 12 days, calculate what the cash cycle would be if credit sales for a year amounted to $88000 and the average trade debtors balance at the end of the year was $33000.
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Related Book For
Accounting Business Reporting For Decision Making
ISBN: 9780730369325
7th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
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