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Pretty lady cosmetic products has an average production process time of 40 days. Finished good are kept on hand for an average of 15 days
Pretty lady cosmetic products has an average production process time of 40 days. Finished good are kept on hand for an average of 15 days before they re sold. Accounts receivable are outstand an average of 35 days, and the firm receives 40 days of credit on its purchases from suppliers
Estimate the average length of the firm's short-term operating cycle. how often would the cycle turn over in year
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