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mantparn mantparn
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7 years ago
A firm has an average age of inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days. The firm's operating cycle is ________ days.
A) 75
B) 105
C) 90
D) 135
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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#1
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7 years ago
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"It is better to fail in originality than to succeed in imitation."

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mantparn Author
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#2
7 years ago
Whoa I needed this Smiling Face with Open Mouth
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