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Franklin, Inc., has an inventory turnover of 19.9 times, a payables turnover of 11.7 times, and a receivables turnover of 10.2 times. What is the
Franklin, Inc., has an inventory turnover of 19.9 times, a payables turnover of 11.7 times, and a receivables turnover of 10.2 times. What is the company's cash cycle? Assume 365 days per year.
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43.23 days
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13.75 days
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22.93 days
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26.21 days
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48.64 days
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