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A company has the following items for the fiscal year 2020: Days inventory outstanding = 80 days Collection period = 30 days Payable period =

  1. A company has the following items for the fiscal year 2020:
  • Days inventory outstanding = 80 days
  • Collection period = 30 days
  • Payable period = 60 days

Calculate the companys Operating Cycle and Cash Conversion Cycle

(You need to show (1) the formula and (2) your calculation process.)

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