8 Operating and cash cycles. Given the following information calculate the operating and cash cycles for OMalley
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8 Operating and cash cycles. Given the following information calculate the operating and cash cycles for O’Malley Enterprises for the current and previous financial year:
O’Malley Enterprises Year Current Previous
(1) Inventory days 79 76
(2) Debtor days 56 46
(3) Creditor days 42 42
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