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Which is NOT a way to reduce float? Use a post office box close to customers address Have customers use electronic funds transfer o Use
Which is NOT a way to reduce float? Use a post office box close to customers address Have customers use electronic funds transfer o Use traditional United States Postal Service Set up a lock box Wolfgang Electricals estimates that the company takes 28 days on average to pay off its suppliers. It also knows that it has days' sales in inventory of 48 days and days sales' outstanding of 30 days. What is its cash conversion cycle
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