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Which of the following is the best definition of operating cycle? The time period between the acquisition of inventory and when cash is collected from

Which of the following is the best definition of operating cycle?

The time period between the acquisition of inventory and when cash is collected from receivables.

The time between sale of inventory and collection of the receivable.

The time between cash disbursement and cash collection.

The time it takes to acquire and sell inventory.

The time between receipt of inventory and payment for it.

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