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McFly Corporation wants to understand its operating cycle better. With the information from the firm's financial statements below, please help them to calculate their operating
McFly Corporation wants to understand its operating cycle better. With the information from the firm's financial statements below, please help them to calculate their operating cycle.
Cost of Goods Sold: 124,000
Average Inventory: 25,200
Credit Sales: 196,500
Average Receivables: 7,825
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