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1. Calculate the operating cycle based on the following information: Sales = $74,372 COGS = $20,748 Inventory = $13,488 Accounts Receivable = $11,715 Enter your
1. Calculate the operating cycle based on the following information: Sales = $74,372 COGS = $20,748 Inventory = $13,488 Accounts Receivable = $11,715 Enter your answer rounded off to two decimal points.
2.
Indicate the effect of the following on the operating cycle: Customers take longer to make the payment
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