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A firm has day's sales in inventory of 105 days, an average collection period of 35 days, and takes 42 days,on average , to pay
A firm has day's sales in inventory of 105 days, an average collection period of 35 days, and takes 42 days,on average , to pay its accounts payable. Taken together , what do these three figures imply about the firm's operations and its cash flows ?
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