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Swiss Watch has an inventory turnover rate of 12, a receivables turnover rate of 15, and a payables turnover rate of 11. How long is

Swiss Watch has an inventory turnover rate of 12, a receivables turnover rate of 15, and a payables turnover rate of 11. How long is the operating cycle?

		48.16 days
		51.12 days
		54.75 days
		57.60 days
		60.08 days

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