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Tampa Manufacturing has an inventory turnover rate of 10, an accounts payable period of 65 days, and an accounts receivable period of 40 days. What
Tampa Manufacturing has an inventory turnover rate of 10, an accounts payable period of 65 days, and an accounts receivable period of 40 days. What is the length of the cash cycle?
8.35 days | ||
11.50 days | ||
14.20 days | ||
10.08 days | ||
12.96 days |
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