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A retail store keeps its products on average for 100 days in inventory. The business takes around 50 days to pay its invoices from suppliers
A retail store keeps its products on average for 100 days in inventory. The business takes around 50 days to pay its invoices from suppliers and it normally takes 21 days to collect payments from its customer after sales. What is the cash-to-cash cycle (C2C) duration of the store?
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The cashtocash cycle C2C duration measures the time it takes for a business ...Get Instant Access to Expert-Tailored Solutions
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