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Question 4 The New EV Truck Company has an operating cycle of 48 days, an accounts receivable period of 30 days and an accounts payable
Question 4 The New EV Truck Company has an operating cycle of 48 days, an accounts receivable period of 30 days and an accounts payable period of 17 days. The inventory period is [Select] days and the cash cycle is [Select] V [Select] days. Given a Cost of Goods sold expense of $227,500 and Credit sales of $650,000, the average Accounts Payable balance is $ [Select] and the average inventory balance is $ 16 pts
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