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The length of the operating cycle is equal to the length of the I. Inventory conversion period. II. Receivables conversion period. a. Only statement I

The length of the operating cycle is equal to the length of the

I. Inventory conversion period.

II. Receivables conversion period.

a. Only statement I is correct.

b. Only statement II is correct.

c. Both statements I and II are correct.

d. Neither statement I nor II is correct.

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