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Question 35 Not yet Adong's Fishing Products is analyzing the performance of its cash management. On average, the firm holds inventory for 65 days, pays
Question 35 Not yet Adong's Fishing Products is analyzing the performance of its cash management. On average, the firm holds inventory for 65 days, pays its suppliers in 35 days, and collects its receivables in 15 days. The firm has a current annual outlay of JOD1,960,000 on operating cycle investments. Adong currently pays 10 percent for its financing. (Assume a 360-day year). The firm's cash conversion cycle is.... and the firm's operating cycle is...... answered Marked out of 1.50 Select one: P Flag question O a. 80 days, 100 days O b. 80 days, 45 days O c. 45 days, 60 days O d. 45 days, 80 days Next page Previous page
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