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n the year of 2022, Adventure Co.- a firm manufacturing camping goods- turns its inventory nine times a year, has average payment period of 35
n the year of 2022, Adventure Co.- a firm manufacturing camping goods- turns its inventory nine times a year, has average payment period of 35 days and average collection period of 60 days. The firm's annual sales are S 7 million. Assume there is no difference in the investment per rupiah sales in inventory, receivable and there are 360 days a year
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