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Assume a firm has a cash cycle of 69 days and an operating cycle of 119 days. What is its payables turnover? (Use 365 days
| Assume a firm has a cash cycle of 69 days and an operating cycle of 119 days. |
| What is its payables turnover? (Use 365 days a year. Round your answer to 2 decimal places.) |
| Payables turnover | times |
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Fundamentals of Futures and Options Markets
Authors: John C. Hull
8th edition
978-1292155036, 1292155035, 132993341, 978-0132993340
