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american products is concerned about managing cash efficently on the average inventories hsve an age of 90 dsys snd accounts receivable are collected in 60
american products is concerned about managing cash efficently on the average inventories hsve an age of 90 dsys snd accounts receivable are collected in 60 days accounts payable are pSid approximately 30 days after they srisd tbe firm has snnual ssles of about 30 million cost of goods sold are 20 million snd purchases are 15 million calculTe the firms operating cycle
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