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answer is operating cycle =109 days how is it coming can you please tell me step by step process Problem for Practice 1 Calculate the

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answer is operating cycle =109 days how is it coming can you please tell me step by step process

Problem for Practice 1 Calculate the operating cycle from the following figures: The company obtains a credit for 60 days from the suppliers. All goods are sold for credit. Assume 360 days in the year. (Ans: Operating Cycle =109 days)

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