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Please answer the following: ABC Corp has an average inventory period (production process time + time before sale) of 35 days. Accounts receivables are outstanding
Please answer the following:
ABC Corp has an average inventory period (production process time + time before sale) of 35 days. Accounts receivables are outstanding an average of 15 days. Gross margins for the firm average 8%. What is the average length of the firm's short-term operating cycle? YourStep by Step Solution
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