Operating cycle: Devlin Construction, Inc., reported the following balance sheet information for the last fiscal year. Devlin

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Operating cycle: Devlin Construction, Inc., reported the following balance sheet information for the last fiscal year. Devlin also reported net sales of $980,770 and days’ sales in inventory of 48.90 days.image text in transcribed

Calculate the firm’s operating cycle.

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Fundamentals Of Corporate Finance

ISBN: 9781119795438

5th Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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