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Ava's Antiquities currently has a 29 day cash cycle. Assume the firm changes its operations such that it decreases its receivables period by 5 days,
Ava's Antiquities currently has a 29 day cash cycle. Assume the firm changes its operations such that it decreases its receivables period by 5 days, decreases its inventory period by 8 days, and decreases its payables period by 4 days. What will the length of the cash cycle be after these changes?
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