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Using the information below, compute the cycle efficiency: Days sales in accounts receivable 20 days Days sales in inventory 77 days Days payable outstanding 40
Using the information below, compute the cycle efficiency:
Days sales in accounts receivable | 20 | days |
Days sales in inventory | 77 | days |
Days payable outstanding | 40 | days |
Multiple Choice
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56 days.
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97 days.
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42 days.
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57 days.
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73 days.
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