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Dallas and More (D&M) sells its inventory in 87 days on average. Its average customer charges their purchases on a credit card and payment is
Dallas and More (D&M) sells its inventory in 87 days on average. Its average customer charges their purchases on a credit card and payment is received in 10 days. D&M takes 56 days on average to pay for its purchases. Given this information, what is the length of D&M's cash cycle?
A) 86 days B) 31 days C) 153 days D) 97 days E) 41 days
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