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betterway betterway
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7 years ago
A firm has an operating cycle of 120 days, an average collection period of 40 days, and an average payment period of 30 days. The firm's average age of inventory is ________ days.
A) 80
B) 50
C) 90
D) 70
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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betterway Author
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7 years ago
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