Using the data for the Ray Shio Corporation in the previous question, calculate the following assuming a
Question:
Using the data for the Ray Shio Corporation in the previous question, calculate the following assuming a 365-day year and all sales and purchases on credit:
a. Number of days of inventory
b. Number of days of credit
c. Number of days of purchases
d. Operating cycle
e. Net operating cycle
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Related Book For 
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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