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Telecraft Enterprises carries 46 days of inventory in its stores. Last year Telecraft reported net sales of $1,401,100 and had receivables of $303,600 at the
Telecraft Enterprises carries 46 days of inventory in its stores. Last year Telecraft reported net sales of $1,401,100 and had receivables of $303,600 at the end of the year. What is the operating cycle at Telecraft ? (Round answer to 1 decimal place, e.g. 15.1.)
The operating cycle is -? days.
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