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Montreal Bagel Bakery collects 35% of its monthly sales immediately and the rest a month later. Its production costs are 65% of sales. It holds

Montreal Bagel Bakery collects 35% of its monthly sales immediately and the rest a month later. Its production costs are 65% of sales. It holds 1 month of sales in inventory, and pays half its bills immediately and half after 30 days. Calculate the operating cycle (OC) and the cash conversion cycle (CCC) for Montreal Bagel Bakery.

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