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The operating cycle: 1-illustrates the sources and uses of cash. 2-is equal to the cash cycle plus the accounts receivable period. 3-describes how a product
The operating cycle:
1-illustrates the sources and uses of cash.
2-is equal to the cash cycle plus the accounts receivable period.
3-describes how a product moves through the current asset accounts.
4-begins when a product is sold to a customer.
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