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The company books reveal the following for Flagler First: Cost of goods sold for the year was $90,000 and credit sales were $250,000. Calculate the
The company books reveal the following for Flagler First: Cost of goods sold for the year was $90,000 and credit sales were $250,000. Calculate the following: Inventory turnover: Receivables turnover: Payables turnover: Inventory period: Receivables period: Payables period: Operating cycle: Cash cycle
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