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A firm has an inventory turnover rate of 10, a receivables turnover rate of 14, and a payables turnover rate of 12. How long is
A firm has an inventory turnover rate of 10, a receivables turnover rate of 14, and a payables turnover rate of 12. How long is the operating cycle?
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To find the operating cycle you can use the formula Operating ...
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Cornerstones of Financial and Managerial Accounting
Authors: Rich Jones, Mowen, Hansen, Heitger
1st Edition
9780538751292, 324787359, 538751290, 978-0324787351
