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5) 5) Interior Designs has an inventory period of 64 days, an accounts payable period of 38 days, and an accounts receivable period of 29
5) 5) Interior Designs has an inventory period of 64 days, an accounts payable period of 38 days, and an accounts receivable period of 29 days. Management is considering an new discount is taken, the accounts payable period is expected to decline by 26 days C) 81 rom their suppliers to pay within 10 days and receive a 2 percent discount. If the What will be the new operating cycle given the change in the payables period? A) 78 B)91 D) 62 E) 93
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