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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.

  • 43.23 days

  • 13.75 days

  • 22.93 days

  • 26.21 days

  • 48.64 days

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