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Prolific Co. has an inventory period of 81 days, an accounts payable period of 41 days, and an accounts receivable turnover rate of 13. What
Prolific Co. has an inventory period of 81 days, an accounts payable period of 41 days, and an accounts receivable turnover rate of 13. What is the length of the cash cycle? Assume 364 days in a year.
Select one:
a. 68 days
b. 71 days
c. 96 days
d. 150 days
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