Question
Suppose the cash cycle is 85 days, the accounts payable period is 10 days, and the accounts receivable period is 50 days. How long
Suppose the cash cycle is 85 days, the accounts payable period is 10 days, and the accounts receivable period is 50 days. How long is the inventory period?
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The inventory period is 45 days We can use the follow...Get Instant Access to Expert-Tailored Solutions
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
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