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A firm with an operating cycle of 50 days and a cash conversion cycle of 30 days, has an average payment period of ... days.
- A firm with an operating cycle of 50 days and a cash conversion cycle of 30 days, has an average payment period of ... days.
- A.20
- B.80
- C.-20
- D.-80
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
17th Edition
1260247783, 978-1260247787
