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PROBLEM: Compute for the requirements of nos. 4-5: (20 POINTS) Minny Fishing Products is analyzing the performance of its cash management. On the average, the
PROBLEM: Compute for the requirements of nos. 4-5: (20 POINTS) Minny Fishing Products is analyzing the performance of its cash management. On the average, the firm holds inventory 65 days, pays its suppliers in 35 days, and collects its receivables in 75 days. 4. How long is the cash conversion cycle? 5. Calculate the firm's operating cycle
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