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Bagel Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Round your answer to 2 decimal
Bagel Corporation has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Round your answer to 2 decimal places.
Annual sales =
$54,276
Annual cost of goods sold =
$31,467
Inventory =
$6,410
Accounts receivable =
$3,191
Accounts payable =
$5,000
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