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On average, a firm needs to cover 75 days of operations with short-term financing. It takes 25 days for the firm to pay its suppliers
On average, a firm needs to cover 75 days of operations with short-term financing. It takes 25 days for the firm to pay its suppliers and 12 days to collect payment from its customers, on average. How
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Management Fundamentals Concepts, Applications and Skill Development
Authors: Robert N. Lussier
7th edition
978-1506332109, 1506332102, 1506303277, 978-1506333281, 1506333281, 978-1506303291, 1506303293, 978-1506303277
