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Your firm has annual sales of 11 million. The inventory day of 58 days, an account payable day of 35 days, and an account receivables

Your firm has annual sales of 11 million. The inventory day of 58 days, an account payable day of 35 days, and an account receivables days of 45 days.

A. What is your firms operating cycle?

b. What is your firms cash conversion cycle?

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