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A firm has an average age of inventory equal to 171 days.Average collectionperiod is 164 days. Average payables period is 130 days. What isthe firm'scash
A firm has an average age of inventory equal to 171 days.Average collectionperiod is 164 days. Average payables period is 130 days. What isthe firm'scash cycle?a) 301 days.b) 335 days.c) 294 d 2 answers
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
