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Q. 19 Vanguard Company has an inventory turnover rate of 7.20, a receivables turnover rate of 9.50, and a payables turnover rate of 12.40. How

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Q. 19

Vanguard Company has an inventory turnover rate of 7.20, a receivables turnover rate of 9.50, and a payables turnover rate of 12.40. How long, in days, is the operating cycle? 94.08 91.60 89.12 86.64 84.16

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