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Kufour Marketing has an operating cycle of 5 4 . 7 days. It is planning some operational changes that are expected to decrease the accounts
Kufour Marketing has an operating cycle of days. It is planning some operational changes that are expected to decrease the accounts receivable period by days and decrease the inventory period by days. Accounts payable turnover is expected to increase from to times per year. If all these changes are adopted, what will be the firm's new operating cycle?
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