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State Street Market currently has 68days in its cash cycle and115days in its operating cycle. The firm purchases its entireinventory from one supplier. This supplier
State Street Market currently has 68days in its cash cycle and115days in its operating cycle. The firm purchases its entireinventory from one supplier. This supplier has offered a 3 percentdiscount on all purchases if State Street Market will pay in 10days. If the market opts to take advantage of the discount offered,its new operating cycle will be _____ days and its new cash cyclewill be _____ days.
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